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SC Biz News: Prysmian Group makes $14M investment in North America operations

Prysmian Group has announced plans to invest approximately $14 million between 2016 and 2018 in its North America optical cable division  operations.

About $1.5 million of the money is being spent at the Lexington, S.C., optical cable plant in ribbon technology for the telecom carrier and hyper scale data center markets, according to a press release. The remainder is being invested in the company’s Durango, Mexico plant.

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