Encore Wire Corporation (Nasdaq:WIRE) is building a 250,000 square-foot addition to its existing aluminum manufacturing plant at McKinney, Texas, at a cost of $40 million plus, which includes upgrades to the entire complex, according to wsj.com. Encore offers a broad range of interior wiring for manufactured housing as well as for commercial and industrial buildings, apartments and homes. MHProNews has learned Daniel L. Jones, Encore’s president and CEO, noting the expansion plan, says, “The aluminum building wire sales have exceeded our expectations, with gross sales totaling over $100 million in the last 4 quarters. With the demand for these products clearly exceeding our capacity, we have decided to go forward and expand the plant to accommodate increased production. This expansion will add an estimated 128 new jobs over the next couple of years.” ##
