None
DE
Prysmian Boosts Fiber and Optical Cable Capacity with $1B+ Investment Creating 600 New U.S. Manufacturing Jobs
['Access Newswire']
FinanzNachrichten.de: News
This investment is part of Prysmian's global commitment to more than double domestic optical cable and fiber capacity - including the glass preforming stage - and create 600 manufacturing jobs in the United States.
More than $1 billion of this North American investment will go to Prysmian's Claremont, NC campus, doubling the size of the fiber manufacturing facility onsite and expanding the optical cable plant there as well.
In Jackson, TN, $100 million will double the capacity of its optical cable facility; and $80 million will go to Lexington, SC expand its optical cable capabilities.
Claremont, NC Cable Operations Plant: $48 million, 85 jobsIn addition to the fiber facility investment, Prysmian will invest approximately $48 million in its optical cable manufacturing operations, also located on the Claremont Campus.
The expansion is expected to create 100 new jobs while increasing production capacity of loose-tube and drop optical fiber cables to meet accelerating customer demand.