Claremont, North Carolina, (NYSE EURONEXT: DRAKA) – Draka Communications Americas has announced price increases to take effect immediately for fiber cables in the North America and Central America markets.
Draka cites a 2 year trend of rising costs in key raw materials including plastic, fuel, and petroleum based materials, as well as rising energy costs. “We are no longer able to absorb these costs increases, thus we are implementing price increases to take effect immediately for quotes and price lists”, states Greg Williams, Director of Marketing at Draka Communications.
For more information please contact a Draka Sales Manager by locating them on our website at www.draka.com/communications or call customer care at 1-800-879-9862.
About Draka
In 2011, Draka was acquired by Prysmian, a leading player in the industry of high-technology cables and systems for energy and telecommunications, with sales exceeding 4.5 billion Euro in 2010. The Prysmian Group is a truly global Company, with subsidiaries in 39 countries, 55 plants in 24 countries, 7 Research & Development Centers and 12,000 employees. Prysmian is listed on the Milan Stock Exchange in the Blue Chip index.
Draka, headquartered in Amsterdam, has 9400 employees in countries worldwide and 2010 revenues of over € 2.4 billion. Draka has a presence in 31 countries in Europe, North and South America, Asia and Australia.
Draka’s activities are divided into three groups: Energy & Infrastructure, Industry & Specialty and Communications. Draka Communications with its four business units, Telecom Solutions, Multimedia Specials, Optical Fiber and Cable Solutions is a global market leader in the development, production and sales of fibers, cables and advanced network solutions. For more information please visit us online at www.draka.com/communications.
Draka Communications Americas Media Contact:
Tina Bryant, Marketing Communications Manager
Phone 828.459.8772
tina.bryant@draka.com