# Prysmian invests R$5 million to expand LAN cable production in Sorocaba, Brazil

Prysmian Group announced a R$5 million investment to expand and modernize its Boa Vista plant in Sorocaba, Brazil, to increase exports of LAN cables to European and North American markets. The investment is expected to boost production capacity by 40% and raise export share from 15% to 25-30%.

- Type: Expansion
- Announced: 2017-08-23
- Where: Sorocaba, Brazil, Brazil
- Value: $1.60M (5.00M BRL)
- Status: announced
- Capacity: 40% increase in production capacity
- Products: LAN cables, optical fiber cables for structured cabling
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [tiinside.com.br](https://tiinside.com.br/my/22/08/2017/grupo-prysmian-investe-r-5-milhoes-para-ampliar-exportacoes-de-cabos/), 2017-08-23: "O Grupo Prysmian acaba de anunciar um investimento de R$ 5 milhões para a expansão e modernização da fábrica de Boa Vista, em Sorocaba."

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