Prysmian Group to spend $63,800,000.00 to occupy 100,000 square feet of space in Du Quoin Illinois.
Du Quoin, Illinois — According to state and local development sources, Prysmian Group plans to invest $63,800,000.00 to build out 100,000 square feet of new space in Du Quoin. The company is creating 80 new jobs at this facility. The company plans to occupy the new space at 1453 S Washington St in Du Quoin, on or about October 1, 2024. According to the company website We work to be the sustainable link to the future. For more than 151 years, our company has been leading the industry of high-technology cables & systems for energy and telecommunications. Headquartered in Milan, Italy and spanning 50 countries (in North America, Europe, MEAT, LATAM, APAC), 105 plants, 25 research and development centers, and about 30,000 employees as of July 2023, we have a strategic footprint that allows us to service emerging markets and communities across the globe with ease. Our business model is diversified by portfolio and geographical area. In 2022 we registered +16 billion in sales and 509 million net profit. Today we drive the energy transition and worldwide digitalization.
To learn more about Prysmian Group, visit http://www.prysmiangroup.com/
Company Contact:
Andrea Pirondini, Chief Executive Officer
andrea.pirondini@prysmiangroup.com
https://www.linkedin.com/in/andrea-pirondini-2575a6/
859-572-8000
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