Prysmian expands Lexington County operations

What this means

A factual summary is pending editorial review. The complete official release is reproduced below with issuer attribution and a direct link to the original publication.

Official release

Source material from South Carolina Department of Commerce. The wording below is the issuer’s statement.

Expansions

Prysmian expands Lexington County operations

Wednesday, August 12, 2026

$80 million investment will create approximately 135 new jobs

COLUMBIA, S.C. — Prysmian North America (Prysmian), a leading provider of solutions for energy and digital connections, today announced it is expanding its operations in Lexington County. The company’s $80 million investment will create approximately 135 new jobs.

For over 140 years, Prysmian has established a global footprint as a producer of optical fibers, optical and copper cables, and connectivity systems. With its international headquarters in Milan and its North American headquarters in Highland Heights, Kentucky, the company operates in more than 50 countries, with over 50 locations and 9,000 associates in North America.

Prysmian will expand its existing Lexington County facility, located at 700 Industrial Drive in Lexington, to increase its manufacturing capabilities in the state. Alongside its Lexington site, Prysmian also operates a manufacturing plant in Abbeville County.

Operations are expected to be online in May 2028. Individuals interested in joining the Prysmian team should visit the company’s careers page.

“This investment demonstrates our commitment to supporting the growth of the U.S. demand for advanced digital solutions. We are one of just three U.S. manufacturers of fiber and optical cables, and now we are committing more than a billion dollars to new innovative solutions and transformational capacity growth.”

-Prysmian North America CEO Andrea Pirondini

“Prysmian has been a valued part of South Carolina’s manufacturing industry, and we are pleased to see the company continue to invest in our state. This expansion will bring approximately 135 new jobs to Lexington County and create new opportunities for South Carolinians.”

-Gov. Henry McMaster

“Congratulations to Prysmian as it expands its manufacturing capabilities in Lexington County. We look forward to the company’s ongoing success as it continues to grow its footprint here in South Carolina.”

-Secretary of Commerce Harry M. Lightsey III

“For decades, Prysmian has been a valued corporate partner and an integral part of the Lexington County community. Their decision to invest an additional $80 million and create 135 new jobs is a strong vote of confidence in our workforce, our business climate and our shared future. Existing industries are the backbone of our local economy, and there is no greater testament to Lexington County’s success than when companies that have called our community home for generations continue to grow and reinvest. We are proud to celebrate this milestone and look forward to supporting Prysmian’s continued success for many years to come.”

-Lexington County Council Chairman Darrell Hudson

Fast Facts

Prysmian North America (Prysmian) is expanding its operations in Lexington County.

The company’s $80 million investment will create approximately 135 new jobs.

Prysmian is a leading provider of solutions for energy and digital connections.

The company is located at 700 Industrial Drive in Lexington, S.C.

Individuals interested in joining the Prysmian team should visit the company’s careers page.

Advanced Manufacturing

Expansions

Release text attributed to South Carolina Department of Commerce. Consult the official publication for any subsequent corrections or updates.