Prysmian Group, a world leader in the energy and telecom cable systems industry, recently announced plans to invest in the company’s manufacturing facility near Sedalia, Missouri.
“Prysmian Group has a proud history of growth and success here in Pettis County,” said David Dick, Pettis County Commissioner. “We are pleased to support the company as they continue to expand and hire additional teammates for this next generation of growth at the Pettis County facility.”
Prysmian Group plans to expand the facility in two phases. Phase one, which was just completed, was a $3.5 million investment for new equipment purchases, existing building renovations and additional jobs.
“The Sedalia plant is an important area of our business serving a growing market,” said Giacomo Sofia, Chief Operating Officer, Prysmian Group North America. “The investment in the expansion is an important step in continuing to support our customers. Phase one will not only increase opportunities in Sedalia, but it also reduces our operating costs and allows us to be more efficient and cost competitive. The plant has a deep history in the area, and we are thrilled that we continue to grow our footprint.”
Prysmian Group plans to hire 30 new employees in Pettis County. The Sedalia facility currently employs 175 people and manufactures aluminum building wire products for commercial and institutional construction markets.
“Congratulations and thanks to Prysmian Group for investing in Missouri,” said Rob Dixon, Missouri Department of Economic Development Director. “In Missouri, we invest in workforce development, improving our infrastructure, and maintaining our pro-growth business climate, and that’s why businesses continue to have confidence to invest and grow here.”
Prysmian Group celebrated its 50-year anniversary in Missouri in 2018.