Prysmian Group invests in North American production facilities

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The Group is fully committed to support the development of next generation power transmission and distribution grids for the energy transition in North America

Prysmian Group, the world leader in energy and telecom cable systems industry, announced today it is investing additional $100M over the next two and half years to increase its North American plant’s production capacity. Objective of the investment is to support the foreseen growth in the power distribution and transmission markets, helping meet the need for infrastructure capacity increases in the region and the growing demand from clean energy sources. This investment follows the Group’s recent announcement to invest $85M in its North America telecom plants further consolidating its leading role as an... ... More: Official Press Release Prysmian Group

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Prysmian Group, North America, investment, capacity, facility, power, increase, production, cables, energy transition, growth, grid