Prysmian Group, a leader in the energy and telecom cable systems industries, will expand its operations in Sedalia, Missouri. The more than $45 million project is expected to create 60 jobs.

The company will add approximately 115,000 square feet of space to its existing manufacturing facility, which produces aluminum wire products for commercial and construction markets. The investment will include new production lines, machinery, and equipment.

“As we expand in North America, the Sedalia expansion is important in furthering our aluminum building wire pipeline,” said Andrea Pirondini, CEO of Prysmian Group North America. “We are not only ensuring we can help build the cities of the future today, but we are also investing in our employees and the facilities they work in daily. This investment will allow us to expand our facility, invest in our employees and add to our workforce.”

For the expansion Prysmian Group will benefit from the Missouri Works program, a tool that helps companies expand and retain workers by providing access to capital through withholdings or tax credits for job creation. The company is also receiving assistance from Missouri One Start, a division of the Department of Economic Development. Missouri One Start assists eligible businesses with their recruitment and training needs.

“We’re excited to see Prysmian Group growing and creating opportunities in Sedalia,” noted Maggie Kost, Acting Director of the Department of Economic Development. “This expansion will bring more good-paying jobs to the area, which is great news for Missourians and their families. We look forward to the positive impact that Prysmian Group will continue to have on the community and our state.”

Based in Highland Heights, Kentucky, Prysmian Group is a global leader in the design, manufacturing, and sale of wire and cable products. The company has a global workforce of more than 29,000 employees.