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Prysmian Group Investing To Support Broadband Development And 5G In North America

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Additional Capacity And New Technology In Claremont, N.C. Optical Fiber And Cable Plant

A. Pirondini, CEO NA: “We Are Committed To Support The Development Of Digital Communication Infrastructure With The Best Optical Technologies”

Prysmian Group logo

Milan and Highland Heights, Ky., August 23, 2021 – Prysmian Group, world leader in the energy and telecom cable systems industry, announced today it is investing $85 million in major equipment and technology upgrades at plants in North America, enabling the company to meet growing production needs for telecom customers.

Most of these investments and upgrades will take place at the Prysmian Group Claremont, N.C. facility to expand production of optical products. Additionally, the Claremont facility is expected to grow to 620 employees in the next 18 months, adding up to 70 new jobs.

“Prysmian Group is committed to support the growth necessary to expand access to high-speed broadband…

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