The Prysmian and Encore Wire partnership continues to provide a wealth of opportunities for our employees, investors, and partners, enlarging our product portfolio and dramatically improving our service offerings to customers. Encore Wire is best in class in its competitive arena with expertise and focus on building wire and electrical distribution.
As Prysmian continues its evolution from a cable manufacturer to a solutions provider, the Encore partnership combines superior customer service, quality, and speed to unlock major energy priorities, including data centers, industry, and strengthening of the U.S. power grid.
To support this growth, 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. Expected online in 2027, the plant will significantly increase Prysmian's medium voltage capacity and add 120 new jobs.