Prysmian Group, world leader in the energy and telecom cable systems industry, announced that it is investing $85 million in major equipment and technology upgrades at plants in North America, enabling the company to meet growing production needs for telecom customers.
Most of these investments and upgrades will take place at the Prysmian Group Claremont, N.C. facility to expand production of optical products. Additionally, the Claremont facility is expected to grow to 620 employees in the next 18 months, adding up to 70 new jobs.
