Date: 2026-11-12 hits: 103
Viakable, a major Latin American cable manufacturer under Mexico’s Xignux Group, announced a USD 55 million expansion project at its La Salle factory in Illinois. The plant started operation in 2018; including this new investment, its total investment in the US has exceeded USD 160 million. Expansion scope: A new 22,000 sq ft production workshop plus a 75,000 sq ft warehouse, with new drawing, stranding, extrusion and sheathing automation lines. The factory mainly produces building wires, PV DC cables and industrial power cables. The investment will add at least 50 full-time jobs while retaining the existing 65 staff. Policy driver: US federal and state infrastructure funds are largely tied to Buy America clauses, which prioritise domestically manufactured products for government projects. By building capacity inside the US, Mexican cable players avoid tariffs and strict origin audits, and directly supply US distributors, PV EPCs and construction contractors. Trend: Nearshoring capacity expansion continues in Mexico and the US. Barriers for cable exporters selling into North America keep increasing.
