2021-12-09
http://w3.windfair.us/wind-energy/news/38929-prysmian-group-north-america-investment-capacity-facility-power-increase-production-cables-energy-transition-growth-grid

Prysmian Group invests in North American production facilities

Image: Prysmian GroupImage: Prysmian Group
Prysmian Group announced the investment of additional $100M over the next two and half years to increase its North American plant’s production capacity.

Official Press Release Prysmian Group:

Prysmian Group announces $100M investment in the US for the capacity increase of power cables production capacity to match the increasing demand from utilities and tso

Wind Industry Profile of
Prysmian Group announces $100M investment in the US for the capacity increase of power cables production capacity to match the increasing demand from utilities and tso

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

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







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