Prysmian’s Strategic US Investment Earns Top Transatlantic Honor

The Italian-American Chamber of Commerce has selected Prysmian as the recipient of its 2025 Transatlantic Award. The cable manufacturing giant is being recognized for a substantial 245 million euro investment to expand its Encore Wire facility in McKinney, Texas. This move highlights the critical importance of the North American market to the group’s global operations.

Francesco Gori, Chairman of Prysmian’s Board of Directors, emphasized that the United States now accounts for nearly half of the corporation’s total revenue and employs one-third of its worldwide workforce. The strategic direction and future growth of the company are being significantly shaped by its activities in this region. The acquisition of Encore Read more...