Prysmian has decided to invest $ 85 million in major machinery and technology improvements at its North American facilities to meet the growing manufacturing needs of telecom customers in the United States and Canada. Most of these investments and improvements will involve the Claremont, North Carolina plant to expand production of optical products. The group, a world leader in the energy and telecommunications cable systems sector, expects the facility to increase the number of employees to 620 over the next 18 months, opening up to 70 new jobs.
“Prysmian Group is committed to supporting the growth needed to expand high-speed broadband access in North America,” said Andrea Pirondini, CEO of Prysmian Group North America. The United States and Canada represent a strategic market for the group and the investments are included in a global plan to increase the capacity to support digital transformation, through the development of new ultra-broadband optical telecommunications networks.