Prysmian Group Makes Prescott Investment

Prysmian Group, an energy and telecom cable systems company with North American headquarters in Lexington, S.C., recently made an investment that will help increase capacity at its Prescott plant in Ontario and create an estimated 15 additional jobs. 

Prysmian Group’s investment will help expand capacity at the Prescott plant, showing its continuous confidence for growth in the Canadian and North American markets. The Prescott plant is ideally located to serve both the Canadian and the Northeast U.S. markets with a wide range of medium and low voltage energy cables. 

Plant Manager John Edwards commented, “Due to the quality of our local workforce and support from global corporate resources, the team at Prescott has been able to build a foundation for success and looks forward to the opportunity to support and grow our customer base.” 

This news has been received well by the local community. Ann Weir, economic development manager for the United Counties of Leeds and Grenville, said, “As one of Leeds Grenville’s top 10 private sector employers, Prysmian’s expansion and investment in the Johnstown site is outstanding news for this region. The growth of this multi-national company builds upon the commitment of local Prysmian staff. They are community leaders dedicated to making the region a competitive industrial hub.”