CommScope To Increase U.S. Based Manufacturing Capabilities for Fiber Connectivity Products
07 Mars 2024 - 2:05PM
Business Wire
Production will create enough capacity to
support demand due to BEAD funded projects, beginning summer of
2024
CommScope (NASDAQ: COMM), a global leader in network
connectivity, announced today it plans to expand production for its
fiber-optic connectivity product portfolio. The manufacturing
expansion will help address the projected increase in demand for
Build America Buy America (BABA) compliant products manufactured
and assembled in the U.S. The expansion will occur at CommScope’s
existing facilities that drive manufacturing for its broadband
portfolio.
The increased production will focus on CommScope’s fiber-optic
connectivity products and solutions that target faster installation
and more efficient construction of rural broadband networks.
CommScope is committed to supporting its partners and customers
with full end-to-end network solutions. Key products such as Fiber
Optic Splice Closures (FOSC®), fiber distribution cabinets and
connectorized hardened and non-hardened fiber terminals will meet
the BABA domestic preference. Preparations are currently being
implemented and production is planned to meet industry demand as
soon as Q3 of 2024.
“We want to make it as easy as possible for our partners and
customers as they access federal and state funding subject to BABA
domestic preference requirements. We are eager to expand the U.S.
manufacturing capacity of our fiber connectivity portfolio to
support our partners and customers and the efforts to bring
broadband to everyone,” stated Koen ter Linde, SVP & president,
Connectivity & Cable Solutions. “As a U.S. manufacturer for
over half a century with a focus on broadband network solutions,
we’ve long been a proponent of bridging the digital divide.
Regardless of what your network architecture is or what challenges
you face, CommScope has solutions to help.”
This expansion will continue to build on CommScope’s success in
rural applications having previously shipped over 2 million FOSC
units in the U.S. over the past two years, which includes projects
funded by the Rural Digital Opportunity Fund (RDOF) as well as
other government funded initiatives to provide internet for
all.
CommScope already produces an array of BABA compliant products
and solutions at its U.S. manufacturing locations. The expansion
will further augment CommScope’s BABA compliant portfolio, which is
led by its HeliARC™ fiber-optic cable solution. Additional details
on CommScope’s BABA compliant portfolio and timelines will be
available later in Q1, allowing partners and customers to plan
their upcoming government funded projects. Details on availability
can be obtained through CommScope’s local sales
representatives.
CommScope is thankful to the National Telecommunications and
Information Administration (NTIA) for working with the industry and
for the opportunity to collaborate throughout this process. We look
forward to providing Broadband for Everyone™ solutions.
CommScope and the CommScope logo are registered trademarks of
CommScope and/or its affiliates in the U.S. and other countries.
For additional trademark information see
https://www.commscope.com/trademarks. All other product names,
trademarks and registered trademarks are property of their
respective owners.
About CommScope: CommScope (NASDAQ: COMM) is pushing the
boundaries of technology to create the world’s most advanced wired
and wireless networks. Our global team of employees, innovators and
technologists empower customers to anticipate what’s next and
invent what’s possible. Discover more at www.commscope.com.
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This press release includes forward-looking statements that are
based on information currently available to management,
management’s beliefs, as well as on a number of assumptions
concerning future events. Forward-looking statements are not a
guarantee of performance and are subject to a number of
uncertainties and other factors, which could cause the actual
results to differ materially from those currently expected. In
providing forward-looking statements, the company does not intend,
and is not undertaking any obligation or duty, to update these
statements as a result of new information, future events or
otherwise.
Source: CommScope
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240307563861/en/
News Media Contact: Luke Hamer
Luke.Hamer@commscope.com
Financial Contact: Massimo Disabato, CommScope
Massimo.Disabato@commscope.com
CommScope (NASDAQ:COMM)
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