Governor Stein Announces $1 Billion Expansion for Prysmian’s Claremont Facility, Adding 385 New Jobs

URLhttps://governor.nc.gov/news/press-releases/2026/0
Sourcegovernor.nc.gov
Date Published08/12/2026

Additional Reshoring Information:

Company/Division name Prysmian
Parent companyPrysmian Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):385
Year reshoring announced:2026
Domestically, the work will be done:In-house
Capital investment ($):1000
Country(ies) from which reshored:Italy
City reshored to:Claremont
State(s) reshored to:NC
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredfiber and glass
What domestic positive factors made reshoring more attractive?Government Incentives
Government Incentive dollar amount:1,000,000
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