# Prysmian to invest over $1B in Claremont, North Carolina expansion

Prysmian North America announced a more than $1 billion expansion of its Claremont, North Carolina facility, adding about 900,000 square feet including a new glass manufacturing facility, additional cable production capacity and an expanded R&D center, creating 385 new jobs. The expansion is expected to be completed by 2030.

- Type: Expansion
- Announced: 2026-08-12
- Where: Claremont, Catawba County, North Carolina, United States
- Value: $1.00B
- Jobs: 385
- Starts operating: 2030
- Status: announced
- Products: fiber optic cable, optical cable
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md)

## Sources

- [mcdowellnews.com](https://mcdowellnews.com/news/state-regional/business/article_f34d9f50-665c-5b06-b0d9-119d42e921be.html), 2026-08-12: "The $1 billion investment we are making in Claremont reaffirms our commitment not only to the local community but also to supporting advanced digital solutions throughout the United States."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
