US$85 MILLION INVESTMENT ACROSS NORTH AMERICA BY MAJOR CABLE MANUFACTURER

rysmian Group is planning to invest an additional $100 million over the next two years to increase its North American plant’s production capacity. The aim is to support expected growth in the power distribution and transmission markets, helping meet the need for infrastructure upgrades in the region and the growing demand from clean energy sources. This investment follows the Group’s recent announcement to invest $85 million in its North American telecom plants to consolidate its role as an enabler for the energy transition and digital transformation across North America.