Manufacturing & Supply Chain Report: Prysmian Group makes $14M investment in North America operations
Prysmian Group announced today plans to invest approximately $14 million between 2016 and 2018 in its optical cable division operations.
The Lexington plant is one of the largest fiber optic cable plants in the world, producing more than a quarter of the demand for fiber optic cable in North America, according to a press release. The operation houses research and development, product development, product management, customer service and staff functions.