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BRIEF-Prysmian To Invest USD 100 Mln To Upgrade Power Cables Production Capacity In The U.S.

reuters · Oct 7, 2021 09:34

Oct 7 (Reuters) - Prysmian SpA PRY.MI :

* ANNOUNCES $100M INVESTMENT IN US FOR UPGRADE OF POWER CABLES PRODUCTION CAPACITY TO MATCH INCREASING DEMAND FROM UTILITIES AND TSO

* INVESTMENTS ARE FOR NEXT TWO AND HALF YEARS TO INCREASE NORTH AMERICAN PLANT’S PRODUCTION CAPACITY

Further company coverage: PRY.MI

(Gdansk Newsroom)

((Gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more

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