Prysmian Invests $500 Mln To Support U.S. Power Grids Through Encore Wire Expansion In McKinney, Texas
ReutersJun 19, 2025 1:07 PM
June 19 (Reuters) - Prysmian SpA PRY.MI:
SAID ON WEDNESDAY IT HAS INVESTED $500 MLN TO SUPPORT GROWING ELECTRIFICATION DEMAND, U.S. POWER GRIDS THROUGH ENCORE WIRE EXPANSION
ENCORE WIRE SITE LOCATED IN MCKINNEY, TEXAS, CENTRAL TO PRYSMIAN EVOLUTION FROM CABLE MANUFACTURER TO SOLUTIONS PROVIDER IN U.S.
INVESTMENT INCLUDES $249 MLN PRYSMIAN BOARD OF DIRECTOR'S APPROVED DURING THE CAPITAL MARKET DAY EVENT IN MARCH
UP TO 120 NEW JOBS TO BE CREATED
PROJECT EXPECTED ONLINE IN 2027
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