Prysmian Group is a publicly owned company headquartered in Italy. Founded in 1872, the company operates with an estimated 10,660 employees and reported $22.2B in revenue as of 2025. Functioning as a manufacturer, Prysmian Group specializes in electric power transmission and telecommunications cables and systems.
On September 24, 2026, Prysmian broke ground on an $80 million expansion project at its Lexington, South Carolina facility, intending to increase manufacturing capacity for its flex-ribbon fiber-optic cable. Earlier on the same day, Prysmian signed its largest agreement to date with Aurubis for the long-term supply of copper wire rod. This landmark deal deepens a strategic partnership spanning more than 30 years, aiming to strengthen copper supply security and support Prysmian’s raw material requirements. The agreement also focuses on providing access to lower-carbon, increasingly circular copper, bolstering European supply security amid accelerating demand from electrification, energy infrastructure, and digital networks. Previously, on September 23, 2026, Prysmian held a groundbreaking celebration for its new fiber production facility in Claremont, North Carolina, joined by MBC President & CEO Tad Deriso.
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