Company/Division name | Prysmian Group |
Type of work | Manufacturing |
If manufacturing, is the company a contract manufacturer? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 30 |
Year reshoring announced: | 2017 |
Year reshoring implemented or to be implemented: | 2022 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 15 |
Country(ies) from which reshored: | Italy |
City reshored to: | Lexington County |
State(s) reshored to: | SC |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | Fiber optic cable |
What domestic positive factors made reshoring more attractive? | Eco-system synergies |