NASHVILLE, Tenn. – Tennessee Gov. Bill Lee, Deputy Gov. and Department of Economic and Community Development Commissioner Stuart C. McWhorter and Prysmian officials announced today the company will expand operations in Madison County.
Through the project, Prysmian will create 100 new jobs and invest $100 million to renovate and double the size of its current facility. This announcement marks the second expansion for Prysmian in Jackson since its 2018 acquisition of General Cable, which first established operations in Jackson in 1991. Additionally, the company plans to hold a groundbreaking celebration for the Jackson expansion on Oct. 15, 2026, and anticipate construction to be complete in approximately 20 months.
Founded in the late 1800s, Prysmian has grown to become one of the world’s largest cable and fiber manufacturers. The company is headquartered in Milan, Italy, with its North American headquarters in Kentucky, and operates on six continents and in more than 50 countries. Its global footprint includes 109 manufacturing plants, 30 research and development centers and more than 34,000 employees worldwide. Prysmian has a strong presence in North America with more than 50 locations and 9,000 associates in the region.
Italy is one of Tennessee’s top partners for foreign direct investment (FDI) with 35 Italian companies across the state that account for more than 3,000 jobs and $1 billion in capital investment.
QUOTES
“Global companies like Prysmian continue to choose Tennessee because of our strong business climate and highly skilled workforce. Today’s announcement means 100 new job opportunities for Tennesseans in Madison County, and I’m grateful for Prysmian’s continued investment in our state and the lasting impact it will have on this community.” – Gov. Bill Lee
“When a company decides to expand in Tennessee multiple times—especially in a competitive project like this one—it signals our efforts to make Tennessee the best place to live, work and raise a family are paying off. Thank you to Prysmian for continuing to invest in our state and our people, and I wish them the best of luck moving forward.” – Deputy Gov. and TNECD Commissioner Stuart C. McWhorter
“This investment demonstrates our commitment to supporting the growth of the U.S. demand for advanced digital solutions. We are one of just three U.S. manufacturers of fiber and optical cables, and now, we are committing more than a billion dollars across the U.S. to new innovative solutions and transformational capacity growth.” – Andrea Pirondini, CEO, Prysmian North America
“TVA and Jackson Energy Authority congratulate Prysmian on its decision to create new jobs and investment in Madison County. We are proud to partner with the Jackson Chamber, City of Jackson, Madison County and the Tennessee Department of Economic and Community Development in our shared commitment to fostering economic growth in the region and to support companies like Prysmian in its continued business success in the Valley.” – Heidi Smith, vice president of economic development, TVA
“When a global manufacturer chooses to expand in Jackson, especially through a competitive process, it speaks volumes about the direction of our city. Prysmian’s continued investment reflects the infrastructure we’ve built, the strong partnerships we’ve developed and our commitment to helping existing industries grow and create opportunities here at home. We’re grateful for Prysmian’s continued confidence in Jackson, and we’ll keep working to make our city a place where businesses, families and future generations can succeed.” – Jackson Mayor Scott Conger
“One of the greatest measures of a community’s success is when existing companies continue to invest and grow where they are. Prysmian’s expansion is a testament to the quality of our workforce and the collaborative approach we’ve taken to support industry in Madison County. We’re grateful for their continued confidence in our community and excited about the opportunities this growth will create for our citizens.” – Madison County Mayor AJ Massey
“Today’s announcement is another major win for West Tennessee and a strong vote of confidence in our workforce and business climate. This $100 million investment and the creation of 100 new jobs will strengthen our local economy, create new opportunities for families and reinforce Madison County’s position as a premier destination for manufacturing. We are proud that this internationally recognized company has chosen to expand right here in Jackson, and I appreciate the partnership of state and local leaders who helped make this investment possible.” – Sen. Ed Jackson (R-Jackson)
“Madison County continues to prove itself as a top destination for investment. This project will create 100 new jobs, providing quality opportunities for families in our community and strengthening our local economy. I’m grateful to Prysmian’s leaders for recognizing the many advantages of doing business in Jackson and for choosing to expand their footprint here.” – Rep. Chris Todd (R-Madison County)
About Prysmian North America
Based in Highland Heights, Kentucky, Prysmian North America is a benchmark player creating solutions for energy and digital connections, delivering major electrical transmission projects, modernizing power grids, and unlocking renewable energy, electrification, and digital connectivity worldwide. Prysmian’s strategy is perfectly aligned with the main market drivers by developing resilient, high performing, sustainable, and innovative cable systems for the transmission, power grid, electricity, and digital solutions segments. Prysmian’s North American operations include more than 50 locations and 9,000 associates with sales of $9 billion. Additional information is available at na.prysmian.com.
Globally, Prysmian is enabled by its 34,000 employees, 109 production facilities and 30 R&D centers in over 50 countries. Prysmian is a public company, listed on the Italian stock exchange and recorded 2025 revenues of approximately €20 billion.
About the Tennessee Department of Economic and Community Development (TNECD)
TNECD is the state’s primary agency committed to fostering economic growth through job creation and community development. By attracting new corporate investment and facilitating the growth of existing businesses, the department works to strengthen Tennessee’s competitive landscape. Additionally, TNECD strives to increase the economic prosperity for all Tennesseans by providing grants to communities statewide, helping them to become vibrant, business-friendly environments where companies can flourish. For more information, visit us at tnecd.com. Join the conversation on X, Instagram, LinkedIn, Facebook and YouTube.
Media Contacts
Prysmian Cables and Systems
Anna Wright
VP, Marketing & Communications
Anna.Wright@prysmian.com
TNECD
Chris O’Brien
Public Information Officer
(615) 934-5879
Chris.OBrien@tn.gov