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Published on 12/1/2010

AWC eUpdate Newsletter December 2010

2010 Charity Week Wrap Up

Allied's 2010 Charity Week was a huge success, and all because of your generous contributions. We are proud to announce that The Make-A-Wish Foundation will receive a donation of $11,808.64! That's enough for one and a half wishes! Make-A-Wish is an amazing organization that we have supported for many years, and this charity week is the second consecutive year that you chose them in our annual vote.

Make-A-Wish grants the wishes of children with life-threatening illnesses, and each wish can cost upward of $7000. Their wishes can be as simple as going to a baseball game or a new computer, or a lifelong dream of visiting Disney World with their family. Your contributions will help to make these dreams come true.

The total amount raised during the week totaled $12,808.64, with ASPCA, Coalition to Salute America's Heroes, Cystic Fibrosis Foundation, and the Meals on Wheels Association of America each receiving a $250 donation.

Thank you for all your help in making this another successful Charity Week! We truly cannot do it without your support.

This year has been another successful year of giving for Allied. We've put together a little video of our efforts to give back to those less fortunate, so you can see how your contributions throughout the year have helped us help others. Click here to watch the video!

 

 

Prices of Copper, Tin and Silver Continue to Increase

Price Alert

On December 15th, the Camden Copper Index again reached its record-breaking highest point, at $4.41, jumping $0.31 since December 1st. Tin has reached its highest point in the last 4 years. This has caused a severe increase in costs for both bare and tinned copper conductors.

Silver has also continued to increase the past few months, which has impacted the costs of silver-plated conductors. Prices remained steady through the first half of the year, but began to increase a few months ago and have continued to rise steadily ever since.

Several manufacturers have issued price increases in recent weeks:

  • General Cable – 5-7% Increase on all Products, Effective December 20th, 2010
  • Belden Cable – Increase Effective January 3rd, 2011
  • Tyco Electronics – Increase Effective January 1st, 2011

This year has been difficult for many raw materials. PTFE had also suffered price increases as well as stocking shortages in recent months, beginning in September (link to newsletter). Other insulation materials also suffered increases in October (link to newsletter). Throughout both months, copper, nickel and silver continued to increase.

We realize that any price increase is difficult and that this situation is extremely tough. We here at Allied Wire are ready to assist you with the information and tools to support you. We will continue to keep you up-to-date on the situation.

For some ideas on how to lessen the impact of copper prices on your organization, please see the Copper Survival Guide from our May 2008 newsletter.

 

 

 
Click here to see the history of Camden Copper
Click here to see the most up-to-date Comex Copper Prices
 

 

Joke of the Month!

Christmas for Engineers

 

Engineers Christmas Card

 

Click to enlarge

*source - Winzler & Kelly Consulting Engineers

 

 

Blog Corner

blog

Here are the newest additions to our blog!

Allied Encyclopedia – Pay Attention to Your Standards Marks    We've explained what standards organizations are, and which ones exist in the wire and cable industry, but how can you be sure the mark on your cable is real? Read on to find out why it's important that you ask for proof of certification when necessary.

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