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Instead he soon was making plans for an "encore." He lined up investors and in April 1989 he and Spurgin formed Encore Wire Corporation to become involved in the residential wire and cable business.
Encore Wire began its legacy in 1989, as a 68,000 square foot industrial warehouse building in McKinney, Texas.
The company shipped its first NM cable (nonmetallic sheath cable for interior wiring) and UF cable (underground feeder cable) in February 1990, and by the end of the year total sales reached $11 million.
1990 The first residential wire is shipped.
In 1992 Encore added to its original 68,000-square-foot facility by building a 38,000-square-foot expansion.
In 1996 Spurgin retired, but Rego made it clear that he had no intention of following his friend's lead, instead adding the CEO position to his duties.
In 1997 a 259,200-square-foot distribution center opened, followed a year later by a 50,000-square-foot copper rod mill facility.
In the meantime, the company continued to invest money in building up its McKinney complex on the more than 55,000 acres of surrounding land it had purchased since 1998.
1999 Color-coded wire is first sold.
Encore's color-coded wire was so well received by contractors that in 2002 trade publication EC&M/CEE News named it the product of the year.
Moreover, earnings in 2003 increased 141 percent over the prior year to $14.4 million.
With an apparent opening in the market--and a demand for all of its products needed in the multiyear rebuilding of the Gulf Coast following the 2005 devastation of the Gulf Coast area--Encore was well positioned to enjoy strong success for an extended period of time.
In May 2006 Rego suffered from a stroke and was named chairman emeritus as he recovered.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| The Alpine Group Inc | - | - | 410 | - |
| Southwire | 1950 | $1.0B | 3,389 | 105 |
| TIDI | 1969 | $234.3M | 250 | 7 |
| Windy City Wire | 1994 | $24.0M | 172 | 8 |
| Panduit | 1955 | $1.0B | 5,050 | 6 |
| DuraFiber Technologies | - | $153.3M | 3,000 | - |
| Lincoln Electric | 1895 | $4.0B | 10,001 | 156 |
| Santee Print Works | - | $6.6M | 35 | - |
| York Container | 1954 | $16.0M | 200 | 5 |
| BSC Ventures | - | $47.0M | 200 | - |
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Encore Wire may also be known as or be related to ENCORE WIRE CORP, Encore Wire Corp. (Delaware), Encore Wire, Encore Wire Corporation and Encore Wire Corp.