Prysmian Group North America Expands Williamsport, Pennsylvania, Manufacturing Plant
05/04/2023
The 51,000-square-foot addition will double the company’s capacity to manufacture advanced transmission conductors with E3X technology and thereby increasing the amount of power that can be moved without increasing the physical footprint of a transmission line.
“The expansion of our Williamsport facility will support the growing needs of the power distribution market across North America and serve as an investment in both our factory and our current and future employees,” said Andrea Pirondini, CEO of Prysmian Group North America. “This facility upgrade, funded substantially by a long-term supply agreement with Invenergy Transmission, will support Prysmian’s Advanced E3X conductor technology, used to build key long-distance high-voltage direct-current (HVDC) transmission projects across the U.S., including the Grain Belt Express line and New Mexico North Path line. Through this agreement, we will supply up to 12,500 miles of overhead conductor cable from the Williamsport facility through 2029 to support Invenergy’s portfolio, helping to deliver electricity Americans can count on.”
Prysmian received a funding proposal from the Department of Community and Economic Development (DCED) for a $3 million Pennsylvania Industrial Development Authority (PIDA) loan and a $135,000 Pennsylvania First grant. The company was also encouraged to apply for tax credits through the Commonwealth’s Manufacturing Tax Credit Program. In addition the City of Williamsport also contributed $125,000 to this expansion project.
“We are planting a flag here in Pennsylvania – our Commonwealth is open for business and we are going to be a leader in innovation, economic development, and job creation,” noted Governor Josh Shapiro. “Prysmian Group manufactures the high-tech cables and transmission lines that connect Pennsylvanians and Americans, and as we rebuild our infrastructure and grow our economy, I’m proud that Pennsylvania workers will be building the future. By working with manufacturers like Prysmian, we are turning Pennsylvania into an economic powerhouse and creating good-paying jobs in the process. ”
Prysmian manufactures thousands of miles of underground and submarine cables and systems for power transmission and distribution, as well as medium and low-voltage cables for the construction and infrastructure sectors. The company also produces a comprehensive range of optical fibers, copper cables and connectivity systems for voice, video and data transmission for the telecommunications sector. Prysmian operates 28 manufacturing plants across North America.
Project Announcements
ValorFlex Packaging Plans Bowling Green, Kentucky, Production Operations
06/30/2025
Neuro.io Plans Terrebonne Parish, Louisiana, Operations
06/30/2025
Germany-Based MTU Maintenance Expands Fort Worth, Texas, MRO Operations
06/30/2025
Cascade Die Casting Group Expands High Point, North Carolina, Manufacturing Operations
06/30/2025
BuildOps Plans Raleigh, North Carolina, Operations
06/30/2025
Point Blank Enterprises Plans Wakulla County, Florida, Operations
06/30/2025
Most Read
-
20th Annual Area Development Gold and Silver Shovel Awards
Q2 2025
-
First Person: Joe Capes, CEO, LiquidStack
Q2 2025
-
The Legal Limits of DEI in Incentives Agreements, Hiring, and Contracting
Q2 2025
-
From Silicon to Server: Mapping the Data Center Supply Chain
Q2 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
Rethinking Life Sciences Site Selection in a Resilient and Dynamic Market
Q2 2025
-
Top States for Doing Business in 2024: A Continued Legacy of Excellence
Q3 2024