# 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.

- Type: Expansion
- Announced: 2017-09-15
- Value: $150.0M
- Jobs: 400
- Starts operating: 2019
- Status: announced
- Capacity: nearly double 2016 optical fiber manufacturing capacity
- Products: optical fiber, optical fiber cable
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Furukawa Electric](https://endata.com/companies/17643.md)
- [OFS](https://endata.com/companies/17644.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/fec-plans-to-expand-production-capacity-at-ofs-to-meet-global-demand-300520482.html), 2017-09-15: "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."

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