Prysmian Eyes New Texas Copper Mill Amid Data Center Boom [Yahoo! Finance]
PRYSMIAN S.P.A. UNSP/ADR (PRYMY)
NASDAQ:AMEX Investor Relations:
prysmiangroup.com/en/investors
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Source: Yahoo! Finance
Texas while pursuing U.S. acquisitions, as surging demand tied to data centers and electrification drives growth in its largest market. The Italian group may pull the trigger in the next year or so on a second copper rod facility at its McKinney site near Dallas, with an investment of $100 million to $200 million, as part of a broader push to expand capacity and secure supply in North America, said regional head Andrea Pirondini. Most Read from Bloomberg Trump Signs Order to Launch Vance-Led Anti-Fraud Task Force Russian Oil Bound for China Is Diverted as India Grabs More US Carrier Involved in Iran Fight Heads Back to Port After Fire Trump Seeks De-Escalation After Iran, Israel Strike Gas Hubs Europe Stands Up to Donald Trump Threats Over Iran War Support A new plant would double or even triple output, building on ongoing expansions at the site following Prysmian's takeover of Encore Wire. Along with possible bolt-on acquisitions, it would also strengthen Prysmian's p
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