Prysmian Group Plans $2.8 Million Expansion of Paragould, Arkansas, Facility

SourceArea Development
Date Published05/07/2019
Author NameArea Development News Desk
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Prysmian Group
Parent companyPrysmian Group
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2019
Capital investment ($):2.8
City reshored to:Paragould
State(s) reshored to:AR
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredcopper, alum., and fiber optic wires & cables
What domestic positive factors made reshoring more attractive?Eco-system synergies, Skilled workforce availability/training, Other, expansion
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