Prysmian Group makes $14M investment in North America operations

SourceColumbia Regional Business Report
Date Published10/25/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Prysmian Group
Type of work Manufacturing
Reshoring category:Transplant
Year reshoring announced:2016
Year reshoring implemented or to be implemented:2017
Capital investment ($):1.5
Country(ies) from which reshored:Italy
City reshored to:Lexington
State(s) reshored to:SC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, telecom industry
Product(s) reshoredoptical cable
What domestic positive factors made reshoring more attractive?Skilled workforce availability/training
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