# 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.

- Type: New facility
- Announced: 2024-07-01
- Where: McKinney, Texas, United States
- Value: $500.0M
- Jobs: 120
- Starts operating: 2027
- Status: announced
- Capacity: 650,000 square feet
- Products: medium voltage cable
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Prysmian](https://endata.com/companies/968.md)
- [Encore Wire](https://endata.com/companies/27936.md) (partner)

## Sources

- [na.prysmian.com](https://na.prysmian.com/encore-wire), 2024-07-01: "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."

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