Draka reacts to mounting cost pressure

Aug. 7, 2008
AUGUST 7, 2008 -- Fiber-optic cable manufacturer Draka Communications-Americas has announced price increases in response to dramatic increases in raw material and energy costs.

AUGUST 7, 2008 -- North American fiber-optic cable producer Draka Communications-Americas (search for Draka) has raised the price of its optical fiber cable products by 6% to 10% depending on their exposure to rising materials, energy, and transportation costs.

"The good news is global demand for fiber-optic cable is experiencing robust growth, and optical cable shipments for the first half hit record levels," reports Mike Amicone, president of Draka Communications-Americas. "Unfortunately, this good news must be tempered by concern. Raw material costs are rising at a startling rate, and Draka has absorbed multiple price increases on raw materials, especially petroleum based ones, as well as fuel and freight," he notes. "In addition, several of these manufacturers are rationing supply, further affecting pricing and lead times."

As part of its ongoing commitment to providing a quality product at a fair price, Draka says it will continue to be diligent in its efforts to mitigate this impact through a variety of programs, including energy conservation, process improvement, and alternative sourcing of raw materials and transportation.


Visit Draka Communications-Americas

Sponsored Recommendations

March 25, 2025
Explore how government initiatives and industry innovations are transforming rural broadband deployments, overcoming cost and logistical challenges to connect underserved areas...
April 10, 2025
The value of pluggable optics in open-line systems is also becoming more apparent. This webinar describes this trend and explores how such modules can best be employed. Register...
March 10, 2025
The continual movement around artificial intelligence (AI) cluster environments is driving new sales of optical transceiver sales and the adoption of linear pluggable optics (...
April 25, 2025
This webinar will examine trends and advancements at the system and optical module levels for data center interconnect. Register today to join the discussion.