Other electrical equipment and component manufacturing

A residual group holding batteries, wire and cable, wiring devices and a tail of unlike electrical components. The screen takes the one niche with a clean public anchor — building wire and cable — and says plainly that the rest was not examined. The attraction is the same electrification demand that lifts the rest of subsector 335: every data centre, house and grid upgrade is wired with this product, and it is heavy enough that domestic mills hold the market. The anchor shows what holding it takes. In 2024 Prysmian bought Encore Wire for $290.00 a share, an implied enterprise value of about €3.9B — 8.2× 2023 EBITDA [A]. Encore made about $2.6B of revenue and $517M of EBITDA in 2023 from a single vertically integrated campus in McKinney, Texas, which Prysmian's release describes as built for low-cost production and centralised distribution [A]. That is the mechanism: building wire is a copper-conversion business in which the metal is most of the selling price, the product is a certified commodity that electrical distributors buy on price and fill rate, and the winner is whoever draws its own rod, carries the copper inventory and ships a full truck next day. A small mill buys rod at a worse price, carries the same metal exposure on a thinner balance sheet, and sells to distributors who already have two suppliers. The world's largest cable maker chose to buy that position rather than build it. The 207 Canadian establishments under five people are doing something else — harnesses, battery packs, specialty assemblies — and each would need its own record.