Pantheon Electric Consolidates Copper Supply Chain Amid Growing Shortage
Pantheon Electric is taking on the growing copper deficit by merging four core manufacturing companies to expand its electrical infrastructure footprint across 21 global plants.
The merged company, backed by private equity firm Olympus Partners, has a combined production capacity of hundreds of millions of pounds of copper wire annually and specializes in insulated copper conductors and critical electrical connection components.
'The bottleneck for the electrified economy isn't ambition or capital. It's whether the physical materials and technical expertise exist to build what everyone is planning,' said CEO Gregory J. Smith of Pantheon Electric.