# Prysmian inaugurates new Latin America HQ and expands Sorocaba factory

Prysmian inaugurated its new South America regional headquarters in Sorocaba, Brazil, with an investment of approximately €35 million. The project expanded production capacity for power cables, optical and metal data transmission cables, and automotive cables, and included a new distribution centre and R&D centre.

- Type: Expansion
- Announced: 2019-07-12
- Where: Sorocaba, São Paulo province, Brazil
- Value: $39.3M (35.0M EUR)
- Status: completed
- Capacity: 2.5 million km of cables per year
- Products: power cables, optical cables, metal data transmission cables, automotive cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [offshore-energy.biz](https://www.offshore-energy.biz/prysmian-launches-new-latin-america-hq-in-brazil/), 2019-07-12: "Italian cabling and fiber-optics giant Prysmian has inaugurated its South America regional headquarters with the expansion of its Sorocaba factory in the region of Brazil's São Paolo province."
- [bnamericas.com](https://www.bnamericas.com/en/news/italys-prysmian-expands-brazil-factory-opens-latam-hq), 2019-07-12: "Italian cabling and fiber optics company Prysmian invested 150mn reais (US$39mn) to expand its Sorocaba factory in Brazil’s São Paulo state and open a Latin America operations headquarters in the city."

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