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General Cable Corporation
Traded as NYSE: BGC
S&P 600 Component
Industry Electrical cable, manufacturing, engineering
Founded Incorporated 1927
Headquarters Highland Heights, Kentucky
Key people
Michael T. McDonnell (CEO), John E. Welsh, III (Nonexecutive Chairman)
Products Power, telecommunications, fiber optics, electronics, and datacom cables
Revenue $6 billion (2014)
Number of employees
12,000 (end 2010)
Website www.generalcable.com

General Cable is a company based in Highland Heights, Kentucky, with sales offices and manufacturing facilities in several countries. General Cable manufactures and distributes copper, aluminum, and optical fiber cables, for energy, construction, industrial, specialty and communications sectors. General Cable is a Fortune 500 company. The CEO of General Cable is Michael McDonnell.

General Cable was incorporated in New Jersey in 1927, merging several older companies founded in the 19th century, including Phillips Wire and Safety Cable Company, Rome Wire Company, and Standard Underground Cable. General Cable was owned by Penn Central from 1981 to 1992.

General Cable produces copper and aluminum wire, and optical fiber, as well as electrical cable products for the energy, construction, industrial, specialty and communications markets. The company's power cables include low-, medium- and high-voltage power distribution and power transmission products. General Cable's application-specific industrial and specialty cables are used in electrical power generation — traditional and renewable — the oil, gas and petrochemical industries; mining; industrial automation; automotive, marine, and transit; and military, aerospace and OEM applications. Its communications wire and cable products transmit low-voltage signals for voice, data, video and control applications. General Cable sells its products under several brands including Anaconda®, Carol®, GenSPEED®, NextGen®, NSW®, NUAL®, Prestolite Wire®, Silec® and STABILOY®.

When General Cable officially formed in 1927, the company introduced its first trademark logo, declaring a unified corporate identity to its customers, investors, suppliers, and associates.

Since the original 1927 version, the company's logo has been modified five times. Today, the trademarked logo consists of the "General Cable" stylized black text with a green "Reuleaux triangle" on the left, which is a modernized version of the 1927 symbol.

General Cable's global headquarters is located in Highland Heights, Kentucky. This facility, which also serves as the North American headquarters and employs approximately 400 associates, has been operating since 1992.

General Cable operates internationally, with regional business operations in North America, Latin America, and Europe. The company has a global network of manufacturing facilities in core markets, with sales representation and distribution worldwide.

In 2016, General Cable employed 11,000 associates working in manufacturing plants, distribution centers, technology centers, sales offices, and at corporate headquarters for the development, design, manufacture, marketing, and distribution of copper, aluminum, and fiber optic wire and cable products.

In June 2013, General Cable placed 17th among the 40 top midsized (150 to 499 employees) companies in the Greater Cincinnati and Northern Kentucky region. Subcategories included company direction, managers, execution, pay and benefits, career, and conditions.

General Cable implemented green initiatives to push the company to develop environmentally conscious strategies amidst their global presence. General Cable's "Green Alternative Approach" identifies green opportunities such as green cabling solutions whenever possible; the company states that this includes "promoting existing green products; partnering with key customers in their green endeavors; identifying and providing resources for green product gaps; and participating as members in the U.S. Green Building Council and collaborative ventures such as the Green Suppliers Network (GSN)."

In 2000, General Cable began its Lean Six Sigma journey to eliminate waste and non-value-added processes in manufacturing and everyday business, improving the flow of information and materials. The initiative strives to drive improvement while maintaining reliable, effective outcomes and delivering savings to the company's bottom line.

"Industry Week's" Best Plants Award Program, an annual recognition of manufacturing facilities that are on the leading edge of efforts to increase competitiveness, enhance customer satisfaction, and create stimulating work environments, has recognized several General Cable North American plants. Since 2001, General Cable has had eight of its 18 North American plants selected as finalists in the Best Plants competition. To date, seven of those manufacturing facilities have gone on to achieve the title of one of the Top 10 Best Plants in North America.

In 2011, Larry E Fast, former CEO of General Cable published The 12 Principles of Manufacturing Excellence: A Leader's Guide to Achieving and Sustaining Excellence.

In 2016, the company was ordered to pay over $75 million to resolve both SEC and Department of Justice investigations into violations of the Foreign Corrupt Practices Act (FCPA) for making illicit payments to government officials in Africa and Asia.


General Cable Corporation (industrial goods)

Q reports

Period Date Adjusted Actuals EPS GAAP EPS


2016-01-12 Lower Price Target DA Davidson $14.00 to $12.00
2015-05-11 Boost Price Target Stifel Nicolaus Buy $20.00 to $21.00
2015-04-13 Boost Price Target DA Davidson Neutral $12.00 to $18.00
2015-03-18 Downgrade BB&T Corp. Buy to Hold $17.73
2015-02-03 Set Price Target Stifel Nicolaus Buy $17.50 to $13.00
2015-02-02 Lower Price Target DA Davidson Neutral $14.00 to $12.00
2015-01-15 Downgrade Longbow Research Buy to Neutral
2014-11-06 Reiterated Rating Stifel Nicolaus Buy $23.50 to $17.50
2014-10-08 Lower Price Target DA Davidson Neutral $20.00 to $16.00
2014-05-02 Lower Price Target DA Davidson $26.00 to $24.00
2014-05-01 Reiterated Rating DA Davidson Neutral $24.00
2014-04-22 Reiterated Rating DA Davidson Neutral $26.00
2014-04-21 Reiterated Stifel Buy $31.50 to $30
2014-04-21 Reiterated Rating Stifel Nicolaus Buy $31.50 to $30.00
2014-04-15 Upgrade Longbow Research Neutral to Buy $36.00
2014-04-01 Downgrade DA Davidson Neutral $34.00 to $28.00
2014-03-28 Lower Price Target Stifel Nicolaus $33.50 to $31.50
2013-11-06 Lower Price Target DA Davidson Buy $38.00 to $34.00
2013-03-27 Reiterated Stifel Buy $41.50 to $37.50
2011-01-14 Upgrade BB&T Capital Mkts Hold to Buy
2011-01-07 Reiterated RBC Capital Mkts Outperform $38 to $44
2010-11-17 Upgrade KeyBanc Capital Mkts Hold to Buy $36
2010-03-19 Reiterated Stifel Nicolaus Buy $45 to $46
2010-02-16 Upgrade DA Davidson Neutral to Buy $31
2010-02-16 Reiterated Stifel Nicolaus Buy $52.50 to $45
2009-10-27 Reiterated Next Generation Buy $39 to $38
2009-09-16 Downgrade BB&T Capital Mkts Buy to Hold
2009-09-11 Initiated KeyBanc Capital Mkts Hold
2009-05-04 Reiterated Stifel Nicolaus Buy $44 to $48.50
2009-05-04 Reiterated Credit Suisse Neutral $22 to $34
2009-05-01 Upgrade CL King Neutral to Accumulate
2009-03-27 Initiated BB&T Capital Mkts Buy $25
2008-10-23 Reiterated RBC Capital Mkts Outperform $80 to $26
2008-10-17 Reiterated Stifel Nicolaus Buy $90 to $44
2016-01-12 Lower Price Target DA Davidson $14.00 to $12.00
2015-05-11 Boost Price Target Stifel Nicolaus Buy $20.00 to $21.00
2015-04-13 Boost Price Target DA Davidson Neutral $12.00 to $18.00
2015-03-18 Downgrade BB&T Corp. Buy to Hold $17.73
2015-02-03 Set Price Target Stifel Nicolaus Buy $17.50 to $13.00

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
McDonnell Michael T President and CEO 0.78%  (377604) BGC /
KENNY GREGORY B President and CEO 0.62%  (302866) AKS / BGC / CAH / INGR /
OMTVEDT CRAIG P 0.53%  (256807) BGC / CAG / HSH / OSK /
ROBINSON BRIAN J EVP, CFO 0.34%  (163585) BGC /
WELSH JOHN E III 0.24%  (118050) BGC / IESC / LBRDK /
Sabonnadiere Emmanuel EVP, Pres/CEO Europe/Med 0.21%  (103665) BGC /
Kenny Robert D EVP, Europe/Med. 0.15%  (73263) BGC /
Moser Emerson C SVP, General Counsel & Sec. 0.15%  (71533) BGC /
SIVERD ROBERT J EVP, General Counsel 0.12%  (57043) BGC /
Lampert Gregory J. Executive Vice President 0.11%  (55599) BGC / KE /
LAWTON GREGORY E 0.10%  (49040) BGC / SCL /
Sandoval Mathias EVP, ROW 0.09%  (43515) AOS / BGC /
Campbell Peter Armstrong EVP, Asia Pacific 0.09%  (42210) BGC /
Reed Sonya EVP, CHRO 0.07%  (34027) BGC /
Hall, III Edward C 0.07%  (33570) AES / AT / BGC / TERP /
BAILEY SALLIE B 0.07%  (33040) BGC / HRS / LPX /
Picon Juan SVP, North America 0.05%  (25894) BGC /
Masanovich Matti SVP and CFO 0.05%  (25544) BGC /
Singhal Shruti SVP, Pres. Europe 0.05%  (24015) BGC /
STARK LEAH Chief Human Resources Officer 0.05%  (22745) BGC /
TEXTER LEONARD ROMAN III SVP, Global Controller & PAO 0.04%  (19697) BGC /
Drake Kurt SVP, Chief Compliance Officer 0.04%  (18865) BGC /
Mogollon Juan SVP of Latin America 0.03%  (13853) BGC /
SMIALEK ROBERT L 0.03%  (13850) BGC /
SACASA ROBERTO SVP, Chief Compliance Officer 0.02%  (9716) BGC /
Prevost Patrick M. 0.02%  (8960) BGC / CBT / SWN /