This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fushi Copperweld Launches Sales And Innovation Office To Advance Growth Initiative In European Market

Stocks in this article: FSIN





BEIJING, Aug. 2, 2012 /PRNewswire-Asia/ -- Fushi Copperweld Inc., ("Fushi" or the "Company") (Nasdaq: FSIN), the leading global manufacturer and innovator of copper-clad bimetallic wire for the telecommunications, electrical utility, automotive and other industries, today announced a partnership with Dynext S.r.l., that will serve as the company's sales and innovation arm for the European and North African markets.

Headquartered in Milan, Italy, Dynext's core focus will be the development of new bimetallic applications and product lines for the European and North African markets, particularly in the electrical utility, railway, telecom and cable industries. Fushi Copperweld's bimetallic conductors offer a cost-saving alternative to solid copper wire in a variety of applications, including electrical earthing/grounding, and high-frequency communications cables. Dynext will also coordinate and supervise the business development activities of Fushi Copperweld's authorized agents throughout the region.

"We are committed to serving our end markets worldwide, and to do that we need to operate on a truly global front," says Fushi Copperweld co-CEO Joe Longever. " Europe and North Africa are important geographical markets with great potential in the sectors we serve, and we look forward to growing our business in those markets with the help of the Dynext team."

Antonio Pezzoni, who will lead all commercial efforts for Dynext, has more than 20 years' experience in sales and dealing in raw materials for such companies as Union Carbide, Arco Chemical and Neste-Borealis. Since 2001, he has worked as an international consultant in the cable industry.

Dynext's technical director is Franco Peruzzotti, a longtime Pirelli Cable (now Prysmian Cables and Systems) research and development officer, who has spent the last five years as a consultant in sustainable development, energy efficiency and materials technology in the cable industry.

"We are very excited about this partnership," says Longever. "With our distribution hub in Belgium, and now a dedicated business and product development group in Italy, we will be able to offer our European customers an unprecedented level of service and expertise."

For contact information, please consult Fushi Copperweld's web site: www.fushicopperweld.com.

About Fushi Copperweld

Fushi Copperweld Inc., through its wholly owned subsidiaries, Fushi International ( Dalian) Bimetallic Cable Co. Ltd., and Copperweld Bimetallics LLC, is the leading manufacturer and innovator of copper-clad bimetallic engineered conductor products for electrical, telecommunications, transportation, utilities and industrial applications. With extensive design and production capabilities, and a long-standing dedication to customer service, Fushi Copperweld is the preferred choice for bimetallic products worldwide. For more information, please contact:



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs