Prysmian Group strengthens its commitment to meet the increasing demand for optical fibre broadband connectivity driven by the Federal and State governments’ stimulus packages. The Company said it is investing an additional $30 million, on top of the $85 million announced last year, to increase optical fibre cable capacity and capability at plants in North America.
With these investments, Prysmian further expands the North American optical cable production footprint of its telecom US sites. The Group will expand the availability of its world-leading product innovation to benefit the US market, optimise the local telecom plants’ footprint, and enable the optical cables business line to improve industrial efficiency.
With a strong legacy in manufacturing optical fibre and cable for a broad range of applications, the investment will increase the Group’s capacity in loose tube, ribbon and drop cables production, optimising its telecom industrial footprint in the US. This also continues the Group’s tradition as a global leader in technology development for new, reliable and efficient broadband networks, providing valuable new capacity and options for telecom network operators.
Original announcement: Prysmian
Image: Courtesy of Prysmian
Explore more Fibre Optic news
This article has been selected for publication by the Cable Technology News Editorial Team based on its relevance and significance to the global cable, power, energy, subsea and optical fibre industries.
Cable Technology News publishes major industry developments from across the sector, including organisations that are not commercial partners, where we believe the news is of genuine interest to our readership.
Publication does not constitute an endorsement of any company, product or service.
Interested in raising your organisation’s profile across the global cable industry?
Explore our annual sponsorship partnerships here.
