Cabling solution provider Prysmian North America announced more than $1 billion in investments across three sites in North Carolina, South Carolina and Tennessee, with the projects expected to create about 600 jobs.
Prysmian will invest more than $1 billion in the Claremont, North Carolina, campus to create 300 jobs and more than double the company's U.S. fiber optic production capacity, including the glass preform and fiber manufacturing processes. The nearby optical cable plant will receive an additional $48 million to expand production capacity and create 85 jobs over the next two years.
The company will also invest nearly $100 million in its facility in Jackson, Tennessee, increasing loose-tube and drop optical fiber cable production and creating 100 jobs.
Finally, Prysmian will invest approximately $80 million in its Lexington, South Carolina, facility to expand manufacturing capacity of FlexRibbon fiber optic cable. The company expects the project to create 130 new jobs by 2030.
These developments build on Prysmian’s position in the data center construction market, where the company supports both digital and energy connections. In July, Prysmian signed a $6.29 billion long-term agreement with Molex, a Koch Inc. company, to supply optical cables for data centers.
Headquartered in Highland Heights, Kentucky, Prysmian North America is a division of Italy-based Prysmian.
