The Prysmian Group announced that it plans to invest $30 million in its Jackson plant in Tennessee to change its product mix to all optical fiber to meet the increasing demand for optical fiber broadband connectivity driven by federal and state stimulus packages.
A press release said that Prysmian’s total optical cable investment in North America now stands at $115 million, with the Jackson project adding to the $85 million announced last year. These investments increase Prysmian’s optical fiber capacity in its North American plants and expand its telecom footprint to meet customer demand more efficiently. As the market shifts from legacy copper infrastructure to fiber, Prysmian’s manufacturing facilities are adapting to mirror the shift in technology. The Jackson facility will change from producing copper to optical cable, making it the first plant within the Prysmian Group to be re-tooled to produce a different product.
Jackson will increase Prysmian’s capacity in loose tube and drop cables production, and the employees will learn new skills manufacturing optical fiber and cable that will connect homes and cities. Prysmian is a global leader in developing technology for new, reliable and efficient broadband networks, providing valuable new capacity and options for telecom network operators.
“The demand in North America makes us a strategic market globally, and the best way to meet this need is to produce more optical cables here in the US. This optimizes both the quality of service for our customers and the carbon footprint to build a high-performance infrastructure ready for 5G, smart cities and smart homes,” said Patrick Jacobi, Vice President of Telecom, Prysmian Group North America. “These investments are also a part of our global plan to increase capacity to support the digital transformation with innovative products, like the development of new ultra-broadband fiber optic telecommunication networks.”
The investment allows Prysmian to rapidly transition the Jackson plant to optical cable and increase the production efficiency in other facilities across the region. Prysmian Group North America has 28 manufacturing facilities, eight distribution centers and six R&D centers. The investment also will enable digital inclusion in local communities across North America while supporting the needs of Prysmian’s customers.