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Prysmian Group, the world's largest cable manufacturer, will invest $85 million in major equipment and technology upgrades at its North American plant, enabling the company to meet the growing production needs
of its telecommunications customers.
It is reported that the investment and upgrade will be mainly concentrated at Prysmian's Claremont plant in North Carolina, USA, to expand the production of
optical products.
In addition, the Claremont plant is expected to grow to 620 employees over the next 18 months, adding up to 70 new jobs
.
"Prysmian Group is committed to supporting the growth needed to expand high-speed broadband access in North America," said Andrea Pirondini, CEO of Prysmian Group North America, "and through these investments, we can continue to meet customer demand and support 5G development
in the U.
S.
and Canada.
" ”
With a long tradition in manufacturing optical fibers and cables for a wide range of applications, the group has four telecommunications manufacturing sites
in the United States.
In particular, the Claremont R&D Center is the only factory
of its kind that combines fiber and cable manufacturing.
"North America is a strategic market for our Group and these investments are incorporated into a global initiative to improve our ability to support digital transformation through innovative products by developing new ultra-wideband fibre telecommunications networks," added Philippe Vanhille, Executive Vice President, Telecommunications Business Unit of Prysmian Group, "These critical infrastructures must be underpinned by high quality and designed to deliver high performance over time in order to be ready for future services such as 5G, smart cities, smart transportation, Smart home
.
”
Prysmian Group, the world's largest cable manufacturer, will invest $85 million in major equipment and technology upgrades at its North American plant, enabling the company to meet the growing production needs
of its telecommunications customers.
It is reported that the investment and upgrade will be mainly concentrated at Prysmian's Claremont plant in North Carolina, USA, to expand the production of
optical products.
In addition, the Claremont plant is expected to grow to 620 employees over the next 18 months, adding up to 70 new jobs
.
"Prysmian Group is committed to supporting the growth needed to expand high-speed broadband access in North America," said Andrea Pirondini, CEO of Prysmian Group North America, "and through these investments, we can continue to meet customer demand and support 5G development
in the U.
S.
and Canada.
" ”
With a long tradition in manufacturing optical fibers and cables for a wide range of applications, the group has four telecommunications manufacturing sites
in the United States.
In particular, the Claremont R&D Center is the only factory
of its kind that combines fiber and cable manufacturing.
"North America is a strategic market for our Group and these investments are incorporated into a global initiative to improve our ability to support digital transformation through innovative products by developing new ultra-wideband fibre telecommunications networks," added Philippe Vanhille, Executive Vice President, Telecommunications Business Unit of Prysmian Group, "These critical infrastructures must be underpinned by high quality and designed to deliver high performance over time in order to be ready for future services such as 5G, smart cities, smart transportation, Smart home
.
”