• $80 million investment will expand FlexRibbon™ fiber optic cable manufacturing capacity
• Expansion expected to create 130 new local jobs
• Project supports growing U.S. demand for advanced digital connectivity

 Prysmian, the leading provider of solutions for energy and digital connections, broke ground yesterday on an $80 million expansion of its Lexington, South Carolina facility to increase manufacturing capacity for the company’s FlexRibbon™ fiber optic cable and support growing U.S. demand for advanced connectivity solutions.

Prysmian executives joined local officials and community leaders for a groundbreaking ceremony marking the start of construction. The project is expected to create 130 new local jobs while expanding the company’s domestic optical cable manufacturing capabilities.

“Today’s groundbreaking marks an important step forward for Prysmian, the Lexington community and the future of digital connectivity in the United States,” said Andrea Pirondini, Prysmian North America CEO. “By expanding our manufacturing capabilities here, we’re investing in the infrastructure and skilled workforce needed to support rapidly growing connectivity demands. We’re proud to continue growing alongside the Lexington community and creating new opportunities in the region.”

“Prysmian’s decision to expand in Lexington reflects the strength of our local workforce and the environment our community has built to support advanced manufacturing,” said Lexington Mayor Pro-Tem Todd Carnes. “This $80 million investment will bring 130 new jobs to the area while creating opportunities for local families and contributing to Lexington’s continued economic growth. We’re excited to see Prysmian deepen its roots here and be part of the community’s future.”

The project is part of Prysmian’s recently announced investments across North Carolina, South Carolina and Tennessee to expand domestic fiber and optical cable manufacturing capacity and create approximately 600 new U.S. manufacturing jobs.

“As a long-standing Prysmian customer, SummitIG understands the importance of reliable, high-performance fiber solutions as connectivity needs continue to accelerate,” said Steve Ragland, COO of SummitIG. “This expansion strengthens domestic manufacturing and helps ensure companies like ours have access to the advanced fiber solutions needed to build and scale next-generation networks.”

Construction is expected to be completed in the first half of 2028.

Prysmian is also growing its workforce in Lexington and across the United States. To learn more about available employment opportunities, text LEX to 57131 or visit Prysmian’s careers page.

Prysmian North America

Based in Highland Heights, Ky., Prysmian North America is a benchmark player creating solutions for energy and digital connections, delivering major electrical transmission projects, modernizing power grids, and unlocking renewable energy, electrification, and digital connectivity worldwide. Prysmian’s strategy is perfectly aligned with the main market drivers by developing resilient, high performing, sustainable, and innovative cable systems for the transmission, power grid, electricity, and digital solutions segments. Prysmian’s North American operations include more than 50 locations and 9,000 associates with sales of $9 billion. Additional information is available at na.prysmian.com.

Globally, Prysmian is enabled by its 34,000 employees, 109 production facilities and 30 R&D centers in over 50 countries. Prysmian is a public company, listed on the Italian stock exchange and recorded 2025 revenues of approximately €20 billion.