Press Releases
All Releases
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International Wire Announces Strong First Quarter 2008 Results and an Increase in the Stock Repurchase Program
May 9, 2008
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CAMDEN, N.Y., May 09, 2008 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced its results for the first quarter ended March 31, 2008. Operating income, income from continuing operations and net income for the three months increased over the comparable periods of 2007, driven by increased profitability in all three...
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International Wire Announces Fourth Quarter and Year-End 2007 Results
Mar 14, 2008
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CAMDEN, N.Y., Mar 14, 2008 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced its results for the fourth quarter and year ended December 31, 2007. Operating income, income from continuing operations and net income for the fourth quarter and full year ended December 31, 2007 increased over the comparable periods of...
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International Wire Acquires Hamilton Products, Inc.
Jan 2, 2008
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CAMDEN, N.Y., Jan 02, 2008 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced that it has acquired the assets and operations of Hamilton Products, Inc. and the related real estate owned by JPS Holdings, LLC (collectively "Hamilton Products"). Hamilton Products was formed in 1994 by James Sessler and is a manufactu...
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International Wire Announces Third Quarter 2007 Results
Nov 14, 2007
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CAMDEN, N.Y., Nov 14, 2007 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced its results for the third quarter and first nine months ended September 30, 2007. Operating income, income from continuing operations and net income for both the three months and nine months ended September 30, 2007 increased over the co...
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International Wire Announces Share Repurchase Program
Sep 4, 2007
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CAMDEN, N.Y., Sep 04, 2007 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced that its Board of Directors has approved a $3.7 million share repurchase program to acquire the Company's shares in the open market or in privately negotiated transactions from time to time.
The share repurchase program may be increa...
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International Wire Announces Second Quarter 2007 Results
Aug 10, 2007
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CAMDEN, N.Y., Aug 10, 2007 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced its results for the second quarter ended June 30, 2007. Operating income and net income for the first six months of 2007 increased compared to the six months of 2006, primarily driven by increased profitability in the High Performance Co...
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International Wire Announces First Quarter 2007 Results
May 15, 2007
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CAMDEN, N.Y., May 15, 2007 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG) today announced results for the first quarter ended March 31, 2007 including increased net sales, strong net income and lower debt levels compared to the first quarter of 2006.
Net sales for the quarter ended March 31, 2007 increased by 20.4% to $17...
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International Wire Group, Inc. Buys New Plant Site
Oct 27, 2006
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CAMDEN, N.Y., Oct 27, 2006 (BUSINESS WIRE) -- International Wire Group, Inc. (Pink Sheets: ITWG), announced today the purchase of a new plant site located in Sherrill, New York, from a subsidiary of Oneida, Ltd.
The purchase of this facility, which is approximately 80,000 square feet, for approximately $600,000, will be used to expand and move ...
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International Wire Group, Inc. Completes Its Exit from the Insulated Wire Business
Jul 5, 2006
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Camden, NY -July 5, 2006 - International Wire Group, Inc. (ITWG. PK), announced today the closing of the previously announced sales of its insulated wire subsidiaries in the Philippines and Mexico to Draka Holding N.V. and Draka Mexico Holding, S.A. de C.V. ("Draka). These transactions, together with the sale of certain U.S. insulated wire as...
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International Wire Group, Inc. Agrees to Sell its Insulated Wire Subsidiaries in Mexico
Jul 3, 2006
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Camden, NY -July 3, 2006 - International Wire Group, Inc. (ITWG. PK), announced today it has entered into an agreement to sell its insulated wire Mexican subsidiaries to Draka Holding N.V. and Draka Mexico Holding, S.A. de C.V. ("Draka"). Under the terms of the stock purchase agreement, IWG will sell all of the common stock of its Mexican subs...
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International Wire Group, Inc. Agrees to Sell its Insulated Wire Subsidiary in the Philippines
Jun 28, 2006
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Camden, NY -June 28, 2006 - International Wire Group, Inc. (ITWG. PK), announced today it has entered into an agreement to sell its insulated wire operations, located in Cebu, Philippines to Draka Holding N.V. ("Draka"). Under the terms of the stock purchase agreement, IWG will sell all of the common stock of its Philippines subsidiary to Drak...
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International Wire Group, Inc. Ends Their Search for Strategic Alternatives
May 10, 2005
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ST. LOUIS--(BUSINESS WIRE)--May 10, 2005--International Wire Group, Inc. (Pink Sheets:ITWG - News), a leading manufacturer and marketer of wire products, announced today that it is no longer going to actively pursue its search for strategic alternatives for its Insulated Wire Division. On November 19, 2004, the Company had announced that it was con...
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Rodney Kent Named CEO of International Wire Group Inc.
Apr 29, 2005
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ST. LOUIS--(BUSINESS WIRE)--April 29, 2005--International Wire Group, Inc. (Pink Sheets:ITWG - News), a leading manufacturer and marketer of wire products, announced today that Rodney Kent, the company's President and COO, has been named CEO effective June 1, 2005. Mr. Kent has held his current position since May 2000 and has served in various exec...
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