Encore Wire Corporation Overview
Pro stress-test →Encore Wire Corporation manufactures and sells copper electrical building wires and cables primarily in the United States. The company serves residential, commercial, industrial, and renewable energy markets through wholesale electrical distributors. On July 2, 2024, Prysmian announced it completed the acquisition of Encore Wire Corporation. With the completion of the transaction, Encore Wire has become a privately held company.
Strategic Profile
Pro stress-test →As part of the Prysmian family, Encore Wire operates one of the most advanced single-campus manufacturing operations in North America, known for deep inventory, fast delivery, and innovative products like SmartColorID® that improve safety and reduce labor costs. In April 2026, Prysmian | Encore Wire unveiled its new 340,800 square-foot Copper Building Wire Plant and expanded Service Center in McKinney, Texas, with the Service Center now the largest in the industry at one million square feet.
Competitive Landscape
Pro stress-test →Encore Wire manufactures a variety of electrical wires and cables from copper and aluminum for residential, commercial, and industrial applications, and faces competitors like Southwire and The Okonite Company. The market is characterized by large consolidated players and regional manufacturers competing on service, inventory availability, and innovation.
Industry Context
Encore Wire Corporation operates in Electrical building wire and cable manufacturing.
Key facts
Founded: 1989 · Headquarters: McKinney, Texas, US · Employees: 1,750 (McKinney campus) · Revenue: $549.4 million (2026) · Market cap: N/A