Prysmian Group Announces Start Of $54 M Expansion In Claremont, N. C.
Investment is part of the wider $289 million plan to increase optical cable and fiber capacity globally.
Prysmian Group has announced a planned expansion to the company’s facility in Claremont, N.C. The $54 million investment will increase the plant’s capacity by 60 percent and support the production of optical fiber for the telecom industry. With this investment, Prysmian Group has approved a capital expenditure of more than $79 million for its Claremont facility since 2014.