Belden Inc. - $BDC STOCK NEWS

Belden Inc. (NYSE: BDC) announces that Ron Tellas, technology and applications manager, received the Harry J. Pfister Award for Excellence in the Telecommunications Industry at the 2024 BICSI Winter Conference. Tellas was recognized for his outstanding and impactful contributions to the field of telecommunications, joining an impressive list of innovators. With a telecommunications career spanning nearly 35 years and over 15 U.S. patents, Tellas plays an active role in industry initiatives and holds a dynamic role at Belden as the technology and applications manager for LAN.

Ron Tellas, technology and applications manager at Belden Inc. (NYSE: BDC), received the prestigious Harry J. Pfister Award for Excellence in the Telecommunications Industry during the 2024 BICSI Winter Conference. The award recognizes outstanding contributions to the field of telecommunications and is named after the founder of the BICSI Winter Conference. Tellas, with a telecommunications career spanning 35 years and over 15 U.S. patents, holds an active role in various industry initiatives and committees.

Belden Inc. (BDC) will report fiscal Q4 and full year 2023 results on February 8, 2024. A conference call and webcast will accompany the release, accessible via the Investor Relations section of Belden's website. Details for live participation and replay are provided.

Belden Inc. (NYSE: BDC) has marked a significant milestone in its operations in India with the groundbreaking ceremony of the expansion of their manufacturing facility in Chakan, Pune. The expansion adds 19,000 square meters, representing a substantial investment of approximately $40M (INR 330 Crores). This reaffirms Belden's commitment to meeting the region's burgeoning demand and strengthens its foothold in both domestic and foreign markets.

Belden Inc. (BDC) inaugurates its fifth Customer Innovation Center in Bengaluru, India, to focus on co-innovation, customization, digitization, and providing industry-leading solutions for the digital world. The center aims to address the unique challenges of today's digital world and reinforce Belden's position as a leader in advancing cutting-edge solutions for a rapidly evolving digital landscape.

Belden Inc. (NYSE: BDC) declares a quarterly dividend of $0.05 per share, payable on January 9, 2024, to shareholders of record as of December 14, 2023.

Belden Inc. (BDC) expands data engineering capabilities through the Belden Horizon software suite, highlighting UX simplification and streamlined integration at AWS re:Invent 2023. The expansion enables convergence of real-time IT/OT data, wired/wireless data from various sources, and automation of traditionally manual data collection processes. The software suite seamlessly integrates with AWS' Industrial Data Fabric and provides predictive insights, enabling proactive measures to improve operational efficiency.

Belden Inc. (NYSE: BDC) announces new products including FX ECX Wall-Mount Fiber Enclosures and M12 Power Cordsets, as well as additions to the Hirschmann SPIDER III Switch Family and Lumberg Automation LioN-X IO-Link Master Family. These products streamline power and data transmission, optimize space, and simplify connectivity. The FX ECX Wall-Mount Fiber Enclosures allow enterprises to add more fiber connections without taking up valuable square footage. The M12 Power Cordsets deliver power over long distances and in high-temperature environments. The Hirschmann SPIDER III Switch Family and Lumberg Automation LioN-X IO-Link Master Family also offer enhanced features for complex automation environments.

Belden Inc. (NYSE: BDC) joined Senator Chuck Schumer, Senior White House advisor Mitch Landrieu, and Assistant Secretary Alan Davidson from the National Telecommunications and Information Administration (NTIA) to recognize Belden’s investment in broadband innovation at its Syracuse, NY, facility. This includes $9 million to increase fiber cable extrusion, termination, and testing and 200 additional jobs needed to meet 'Buy America' requirements of the federally-funded programs. The company is answering the call by investing in research and development, capital projects, and job creation in Syracuse and across the United States. The Bipartisan Infrastructure Law (BIL) signed by President Biden on November 15, 2021, includes $65 billion to provide affordable, high-speed internet to all Americans, with the $42.45 billion Broadband Equity, Access, and Deployment (BEAD) program specifically aimed at reaching rural unserved and underserved communities. Belden’s New York-based operations have focused on improvements to manufacturing processes and repositioning teams to better support U.S. customers benefiting from these federal programs, helping maintain a strong position within the North American broadband market.