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Prysmian inaugurates EUR 35 mln LatAm HQ

Friday 12 July 2019 | 13:43 CET | News
Milan-listed cable and fibre-optics specialist Prysmian has announced the launch of its new Latin American headquarters in the Brazilian city of Sorocaba in the Sao Paulo state. The new EUR 35 million facility was inaugurated by group CEO Valerio Battista and LatAm head Juan Mogollon in a ceremony that marked the 90th anniversary of the Prysmian group's presence in Brazil. In a statement, Prysmian said the expanded Sorocaba facility replaces the previous Santo Andre facility and expands production capacity to 2.5 million kilometres of cable a year. 

The 23,000 square-metre Sorocaba space also includes a new distribution centre and is one of Prysmian’s four manufacturing centres of excellence alongside plants in China, the US and its global headquarters in Milan.




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Categories: Fixed
Companies: Prysmian
Countries: Brazil / Italy / Latin America
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