Subscribe to Our Digital Newsletters Prysmian Group to expand North American headquarters in Lexington County

URLhttps://columbiabusinessreport.com/news/technology
SourceColumbia Business Report
Date Published10/10/2017
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

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) reshoredFiber optic cable
What domestic positive factors made reshoring more attractive?Eco-system synergies
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