Declines in demand and the drop in copper pricing during 2009 pushed Houston Wire & Cable’s 2009 sales and profits sharply lower last year. The Houston-based wire specialists had a 2009 sales decline of 29.4 percent to $254.8 million and a 38.2 percent-decrease in gross profit to $53 million. However, the company did enjoy an increase in sales within its five internal growth initiatives –utility power generation, environmental compliance, engineering and construction, industrials, and its LifeGuard product line and other private branded products. Details

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