Prysmian North America, a leading provider of solutions for energy and digital connections, is spending over $1 billion on its factory expansion in Catawba County. The 900,000-square-foot addition to the Claremont facility will create more than 385 new jobs. Claremont is 15 miles from Charlotte.

The expansion, which includes a new glass manufacturing facility, additional cable production capacity, and an expanded research and development center, is expected to be complete by 2030.

Prysmian, the Milan-headquartered parent company of Prysmian North America, is the world’s largest manufacturer of cables and systems for energy and telecommunications. The plant produces the fiber-optic cable that underpins broadband expansion, 5G and 6G networks, and the high-capacity digital infrastructure driving nationwide demand for connectivity. The company is a key supplier to the data center industry.

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