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WireCo® WorldGroup is a leading global manufacturer of both steel and synthetic rope, specialty wire and engineered products serving a diverse range of end markets, geographies and customers. We maintain a broad portfolio of critical products across the end markets we serve, including, but not limited to, industrial and infrastructure, oil and gas (both offshore and onshore), fishing, mining, maritime, structures, poultry and storage systems. We market our products under well-known brands including: Union™, CASAR®, Lankhorst Ropes®, Camesa®, Euronete™, Oliveira®, Phillystran®, Drumet®, and Lankhorst Engineered Products™. Our highly engineered, specialized ropes are "mission-critical" equipment components used in applications, such as heavy lifting, pulling, mooring, supporting and suspension. Our products` performance, quality and safety are of the utmost importance to our customers to limit exposure to costly unplanned operational disruptions and downtime. The consumable nature of our products and rigid replacement cycles result in a recurring revenue base over time. We operate 24 manufacturing facilities in 8 countries, which are supplemented by a global network of company-owned distribution facilities, consignment centers, distributor partnerships and sales offices. In addition, we have non-consolidated joint ventures with manufacturing activities in India, Spain, Norway, Greece and China. Our acquisitions have enhanced our leadership position by creating new growth opportunities, served to diversify and increase end market penetration and reduced our dependence on external wire suppliers. WireCo is also the only manufacturer in the world that is QPL qualified, API certified, and registered to Lloyds, ISO 9001 and AS-9100 Quality Systems.
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We are developing the technology and hardware to make Hyperloop a reality. We design, build and test every aspect of the world`s next transportation system Hyperloop. We will move people and cargo at speeds never thought possible. We will make the world smaller, cleaner and more efficient. We are growing a world class team to solve and execute every aspect of this bold vision. We are led by a distinguished board of directors and are financially backed by leading investors Formation 8, Sherpa Ventures, Zhen Capital, David O. Sacks and others.
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