About Encore Wire

Encore Wire Corporation (Encore) manufactures a broad range of electrical wire and cables, used to distribute power from the transmission grid to the wall outlet or switch. Encore’s products are proudly made in America at its vertically-integrated, single-site, Texas campus. The company sells its products through manufacturers’ representatives to wholesale electrical distributors servicing the residential, commercial, and industrial sectors. Strategy Encore Wire’s strategy is to combine its industry-leading service model with its world-class operations to meet demand profitability with loyal electrical distributor customers in a high-performance industry. Encore’s customer service, expansive single-campus model, centralized distribution, product innovation, and deep company culture have promoted Encore’s growth and should contribute to its future success. Encore has been a leader in bringing new ideas and innovative products to a commodity product line. Encore Wire’s patented SmartColor ID system for metal-clad and armor-clad cables allows for quick and accurate identification of gauge, number of conductors, wire and jacket type. The company’s spool-free PullPro is a lightweight, portable, durable case weighing less than thirty pounds that requires no additional tools for a tangle-free wire pull. The company’s Reel Payoff is the industry's first self-spinning wooden reel, which allows pulling on or off the pallet with no additional tools. Products Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including SEU, SER, Photovoltaic, URD, tray cable, metal-clad and armored cable. All of these products are manufactured with copper or aluminum as the current-carrying component of the conductor. The principal bases for differentiation among stock-keeping units are product type, conductor type, diameter, insulation, length, color, and packaging. Customers Encore sells its wire to wholesale electrical distributors throughout the United States. Most distributors supply products to electrical contractors. Encore’s customers are numerous and diversified. Encore has two customers, each of whom slightly exceeds 10% of the company's total sales. Encore has no customer, the loss of which would have a material adverse effect on it. Marketing and Distribution Encore markets its products throughout the United States through independent manufacturers’ representatives. Encore maintains the majority of its finished product inventory at its service center in McKinney, Texas. In order to provide flexibility in handling customer requests for immediate shipment, additional finished product inventories are maintained at warehouses owned and operated by some of the company's independent manufacturers’ representatives located strategically across the United States. The company invoices its customers directly for products purchased and pays the manufacturer's representative a commission based on pre-established rates. Competition The company’s primary competitors include Southwire Company, LLC, Cerrowire (a Marmon/Berkshire Hathaway company), General Cable (a company of the Prysmian Group) and AFC Cable Systems, Inc. (a part of Atkore International). Intellectual Property Matters From time to time, the company files patent applications with the United States Patent and Trademark Office. The company owns several patents and pending patent applications. The company also owns several registered trademarks and pending trademark applications with the U.S. Patent and Trademark Office. The current registrations for the marks will expire on various dates from 2023 to 2031. History Encore Wire Corporation, a Delaware corporation, was founded in 1989. The company was incorporated in 1989.