The Italian company specialising in the production of cables for energy and telecom sectors is going to invest around USD 85 million at its facilities in North America, especially for the Prysmian Group Claremont, N.C. facility.

September 04, 2021

Prysmian Group has announced an investment of about USD 85 million in major equipment and technology upgrades at plants in North America, enabling the company to match the growing production requirements for telecom customers.

Most of these investments and upgrades are for the Prysmian Group Claremont, N.C. facility to increase the production of optical products. Further, the Claremont facility is projected to grow to 620 employees in the next 18 months, adding around 70 new jobs.

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Andrea Pirondini, Chief Executive Officer of Prysmian Group North America said that Prysmian Group will extend its support for the growth necessary to expand the access to high-speed broadband in North America.

She asserted, “Prysmian Group continues to experience strong demand in North America for optical fiber in the telecom sector, and is proud to play a lead role as an enabler of the digital transformation across the country.”

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Prysmian Group has a well-built legacy in the manufacturing of optical fibre cable for diverse applications, with four telecom production sites in the United States. To be specific, the Claremont R&D centre is the only one-of-its-kind, co-located in a joint optical fibre and optical fibre cable manufacturing facility. The products manufactured at the Claremont facility includes – FlexTube™ and ezMicroduct™ cables, that has exceptional fibre density designs owing to their design of bend-insensitive fibres.