Prysmian Group to Invest Over $1 Billion in U.S. Manufacturing Expansion

Prysmian Group plans to invest over $1 billion across three U.S. sites in North Carolina, South Carolina, and Tennessee. This significant capital injection aims to more than double the company's domestic optical cable and fiber production capacity, including glass preforming. The expansion is projected to create 600 new manufacturing jobs, bolstering U.S. industrial output and employment.