Italy-based Prysmian Group, a global cable producer serving the energy and telecom industries, is expanding its manufacturing facility in Abbeville County, South Carolina. The company's $8.2 million investment is expected to create approximately 20 new jobs once in full operation.
Prysmian, whose Abbeville facility is celebrating its 50th year of operation, is investing in a new, state-of-the-art compounding facility for medium voltage cable insulation and is adding a second vertical continuous vulcanization line. Company officials plan to start construction this year, with production expected to begin in the second half of 2015. Prysmian's first VCV process, housed in a 373-foot tower and constructed in 2009, was the first one of its kind to produce extra-high voltage power cables in North America.
"Prysmian is a great South Carolina company that has been part of our business community for 50 years - and we couldn't be more excited to see them continue to expand here. Their commitment to bringing value and innovation to their clients matches South Carolina's commitment to great service and support for our businesses. Congratulations to Prysmian Group for investing $8.2 million and creating 20 jobs in Abbeville,” said Governor Nikki Haley.