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.
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