# Prysmian Group invests $50 million in Marshall, Texas cable plant expansion

Prysmian Group is investing $50 million to expand capabilities at its Marshall, Texas plant, adding 75 jobs. The investment supports next-generation power distribution and transmission grids.

- Type: Expansion
- Announced: 2022-02-07
- Where: Marshall, Texas, United States
- Value: $50.0M
- Jobs: 75
- Status: announced
- Products: energy and telecom cables, power distribution cables, transmission cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

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

## Sources

- [texasedconnection.com](https://texasedconnection.com/italian-company-invest-50-million-expansion-in-marshall-texas-manufacturing-operation/), 2022-02-07: "Prysmian Group, the world leader in the energy and telecom cable systems industry, announced it is investing $50 million to expand capabilities at its Marshall, Texas, plant."

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