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Prysmian to build $500M medium voltage cable plant in McKinney, Texas · Endata

◂ Announcements

Jul 1, 2024NEW FACILITYMcKinney, Texas, United States

Prysmian to build $500M medium voltage cable plant in McKinney, Texas

Prysmian is investing $500 million in a new medium voltage cable production facility at Encore Wire's McKinney Campus in Texas, expected online in 2027, creating 120 new jobs.

Value

$500.0M

Jobs

120

Starts operating

2027

Status

Announced

Capacity

650,000 square feet

Productsmedium voltage cable

CompaniesPrysmian Encore Wire partner

Sectors#Electrical Equipment

“Prysmian's $500 million in Encore's McKinney Campus paves the way for a state-of-the-art medium voltage cable production facility totaling more than 650,000 square feet.”na.prysmian.com

1 source
na.prysmian.comEncore Wire Acquisition: Expanding Wire & Cable Leadership | PrysmianJul 1, 2024

Summarized from public sources; check the original articles before acting on it.

More from Prysmian

Aug 30, 2024CONTRACTBelgium$149.8M
Elia awards €135M cable contracts to NKT, Nexans and Prysmian for 945 km of land cables
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Aug 5, 2024CONTRACTBass Strait, Tasmania to Victoria, Australia, Australia$1.00B
Prysmian wins $1B cable contract for Marinus Link
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Jul 24, 2024INVESTMENTPikkala (Finland), Pozzuoli (Italy), Gron (France), Finland$488.0M
EIB provides €450M to Prysmian for cable capacity expansion
Prysmian European Investment Bank investor prysmian.com
Jun 20, 2024EXPANSIONKirkkonummi, Finland$37.5Mops Jun 2026
YIT to expand Prysmian Group's warehouse facilities in Kirkkonummi, Finland
YIT Prysmian customer worldconstructionnetwork.com
May 8, 2024CONTRACTNorway, Norway
VARD contracts TMC to supply compressed air system for Prysmian cable laying vessel
Prysmian customer TMC Compressors supplier tmc.com
Apr 18, 2024CONTRACTNorth Sea, Netherlands; Veerse Meer, Netherlands; Zeeland, Netherlands, Netherlands
DEME wins cable installation contracts from Prysmian for Dutch offshore grid systems
TenneT partner Prysmian customer deme-group.com

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