Furukawa Electric to expand optical fiber capacity at OFS with $150M investment

Furukawa Electric announced plans to nearly double its 2016 optical fiber manufacturing capacity by 2019 and increase optical fiber cable capacity, creating over 400 jobs. The board approved $150 million capital spending for expansion primarily in the U.S. and Europe through its subsidiary OFS.

“Furukawa Electric is responding with greater capacity as we foresee this demand continuing into the next decade with communication traffic estimated to increase during this period.”prnewswire.com

• 1 source
• prnewswire.comFEC Plans to Expand Production Capacity at OFS to Meet Global DemandOFSSep 15, 2017

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