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Cable manufacturing company cancels plans for Somerset plant

Summary by WPRI 12
SOMERSET, Mass. (WPRI) — After years of getting all the necessary permits, Prysmian Group decided to no longer move forward with its new cable manufacturing plant at Brayton Point in Somerset, Massachusetts. The company says it made its decision after evaluating market opportunities in the U.S. "As a result of the consideration, including the strong growth opportunities in the U.S. and global cable markets, Prysmian has decided to not proceed wi…

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WPRI 12WPRI 12

Cable manufacturing company cancels plans for Somerset plant

SOMERSET, Mass. (WPRI) — After years of getting all the necessary permits, Prysmian Group decided to no longer move forward with its new cable manufacturing plant at Brayton Point in Somerset, Massachusetts. The company says it made its decision after evaluating market opportunities in the U.S. "As a result of the consideration, including the strong growth opportunities in the U.S. and global cable markets, Prysmian has decided to not proceed wi…

·East Providence, United States
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thepublicsradio.orgthepublicsradio.org

Prysmian abandons plans for offshore wind cable factory in Somerset - TPR: The Public's Radio

An Italian company has abandoned plans to build a factory in Somerset that would have supplied undersea cables to American offshore wind farms. The proposed factory would have created between 200 and 350 manufacturing jobs at the site of an old coal fired power plant in Somerset’s Brayton Point neighborhood.  The Prysmian Group announced on […] The post Prysmian abandons plans for offshore wind cable factory in Somerset appeared first on TPR: Th…

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WPRI 12 broke the news in East Providence, United States on Tuesday, January 21, 2025.
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