- In August 2023, IMC Metals America LLC has entered into an agreement with Southwire for the installation of an SCR®-4500 copper rod system at its Shelby, North Carolina facility. Designed to produce 35 metric tons of 8mm copper rod per hour, the new system will significantly enhance IMC’s manufacturing efficiency and capacity. This strategic investment positions the company to better meet rising global demand for high-quality copper products, reinforcing its competitive edge in the copper market.
- In December 2020, Hussey Copper, a copper processor and fabricator based in Pennsylvania, has been acquired by an affiliate of KPS Capital Partners LP through Libertas Copper LLC, following approval from the U.S. Bankruptcy Court. This acquisition provides Hussey Copper with strategic, operational, and financial support from KPS, enhancing its manufacturing capabilities and positioning the company for future growth. The partnership will enable Hussey to continue producing high-quality copper products while pursuing both organic growth and potential acquisitions, strengthening its competitive standing in the copper market.
- In November 2020, Siemens has partnered with Canadian firm Copperleaf to enhance investment and technical grid planning through the Siemens Xcelerator platform, supporting the shift toward a more sustainable and digitized energy sector. This collaboration bolsters Siemens’ position in smart grid infrastructure and indirectly fuels copper demand, as modernized and electrified grids require significant use of copper-intensive components.
- In March 2025, thyssenkrupp Materials NA has expanded into Santa Teresa, New Mexico, by opening a new metal service center aimed at enhancing processing capabilities and distribution for the power distribution sector across the U.S. and Mexico. This strategic development boosts the company's position in the copper market by increasing its capacity for copper-based component processing, optimizing supply chain operations, and delivering just-in-time services to meet rising demand in the energy sector.
