CTC Global Opens New ACCC® Core Manufacturing Facility in South America

IRVINE, Calif.--(BUSINESS WIRE)--Today, CTC Global Corporation announced the completion and commissioning of its fourth composite fiber core manufacturing and testing facility. The new facility, CTC Global S.A. (CSA), is located in Asuncion, Paraguay and is already serving customers in South America. The CSA facility is a fully qualified ACCC^® Core manufacturing and test facility and joins facilities in California, Indonesia and China in enabling CTC Global to serve the advanced conductor needs of utilities around the world.

CTC Global selected Asuncion, Paraguay for its fourth ACCC^® Conductor Core manufacturing facility to support substantial increase in demand for ACCC^® Conductor in Latin America and support its local and regional customers. Being a centrally located member of Mercosur, the fourth largest trading block in the world, Paraguay is a great place to manufacture and ship to customers located throughout the region.

J.D. Sitton, CEO of CTC Global stated: “Paraguay has a visionary government that is committed to a progressive industrialization program. Many leading companies have located state of the art manufacturing facilities here and CTC is pleased to join them. The Paraguayan work force is highly educated and very capable and the CSA team has quickly become a valued part of the larger CTC team.”

Christian Lichtenberg, CSA General Manager added: “Constructing this facility, building the CSA team and accomplishing the rigorous ACCC^® Certification has been extremely satisfying. I am proud of the entire team and we are looking forward to continuing to grow CSA as Paraguay, and the Mercosur countries grow.”

CSA’s production equipment, tooling, processing methods and quality assurance procedures were designed, developed and delivered to the new facility by CTC Global, and, over the past few months, CTC Global and its partners recruited, trained and certified CSA’s team members to supervise, and operate the production process and perform the required suite of rigorous product quality tests. ACCC^® Core produced at the CSA facility have already been delivered.

About CTC Global:

CTC Global is the privately held power grid solutions company whose flagship product, ACCC^® Conductor is the leading high performance, high voltage power line solution used by utility companies around the world to expand access to and to debottleneck their grids. ACCC^® Conductors have been selected for over 1,100 projects by more than 250 utilities in 62 countries and are credited with eliminating and avoiding over 17 million metric tons of line-loss related CO₂ emissions. CTC Global is headquartered in Irvine, California. Visit www.ctcglobal.com