Gov. Shapiro announces Prysmian Group to invest $22.5 million in Williamsport manufacturing expansion

SourceWilliamsport Sun Gazette
Date Published04/26/2023
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:Foreign Direct Investment
Total number of jobs (added or to be added):27
Year reshoring announced:2023
Domestically, the work will be done:In-house
Capital investment ($):22.5
Country(ies) from which reshored:Italy
City reshored to:Williamsport
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products, Machinery
Product(s) reshoredadvanced transmission conductors
What domestic positive factors made reshoring more attractive?Government Incentives, Skilled workforce availability/training
Government Incentive dollar amount:$3.14 million
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