Correction to Last Month's Cover Story

Rhonda Buckley, marketing manager/e-business and brand, Alcan Cable, Atlanta, spotted an error in last month's cover story on the wire and cable market, “The Wild World of Wire and Cable.” Alcan Cable is not owned by Platinum Equity, as reported in the article. Platinum Equity did announce its intentions to buy Alcan in October 2009, but the deal was never finalized. Says Rhonda, “Alcan Cable was not purchased by Platinum Equity in 2009. The deal between Rio Tinto and Platinum Equity did not happen. Alcan Cable remains a division of Alcan Engineered Products — a business unit of Rio Tinto. Because there was no formal announcement from Rio Tinto about Platinum Equity's decision not to purchase Alcan Cable, I can see how one would assume that the deal was finalized.” EW's editors regret the error.

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