$4.7 million investment will help the company retain 400 employees

FRANKFORT, Ky. (Dec. 6, 2022) – Today, Gov. Andy Beshear congratulated leaders of electric cable producer Prysmian Group on the ribbon cutting of the company’s newly renovated North American headquarters in Highland Heights, a $4.7 million project that will help retain 400 employees at the location.

“Kentucky companies are continuously reinvesting in our communities and our workforce,” said Gov. Beshear. “Our historic economic momentum wouldn’t be possible without these companies buying into Kentucky and what we have to offer. I am happy to welcome this exciting next step for Prysmian. I want to thank the company’s leadership and am looking forward to its continued success here in Campbell County.”

The investment includes upgrades to 80,000 square feet of the existing office building, including new roofing and energy-efficient LED lighting throughout. An open office layout with 367 adjustable standing desks that accommodate social distancing considerations will be created. Additional upgrades include a renovated fitness center and employee break room, more efficient printing and office supplies areas and additional meeting spaces. Prysmian Group also installed new electric vehicle charging stations, offering double plugs, 80 Amp AC charging capability and allowing up to 10 electric cars to charge simultaneously.

“Over the past two years, we’ve had discussions about how our workplace should evolve to reflect the changing needs of our employees,” said Andrea Pirondini, CEO of Prysmian Group North America. “Prysmian is committed to investing in our facilities throughout the North American region. With the completion of this renovation, our headquarters offers an environment that facilitates a healthy work-life balance, offering our associates a home base that is pleasant, streamlined and completely state of the art.”

Prysmian, based in Milan, Italy, is a world leader in the design, manufacturing and sale of wire and cable products, including aluminum, copper and fiber optic wire, and cable products for the energy, communications and automotive industries, among others. Its North American operations are based in Highland Heights. Prysmian’s regional footprint includes 28 manufacturing facilities, eight distribution centers, six R&D centers, more than 5,800 employees and net sales of more than $4 billion. Globally, the company operates in over 50 countries and employs more than 29,000 individuals.

Campbell County Judge/Executive Steve Pendery expressed his gratitude to Prysmian’s leaders for investing in the facility and adding new jobs in Northern Kentucky.

“Prysmian is an incredibly important and valued corporate citizen in Campbell County,” said Judge Pendery. “We are thrilled to retain the company and appreciate their investment in modernizing and adapting their North American headquarters in Highland Heights.”

Highland Heights Mayor Greg Meyers shared his enthusiasm that Prysmian Group will continue to grow its presence in Northern Kentucky.

“As one of the largest employers here in Highland Heights, we are excited that Prysmian Group chose Highland Heights to be the center of their North American operations,” said Mayor Meyers. “They are keeping nearly 400 great jobs in our community and enriching the lives of our residents. We look forward to the company continuing their good work here in our city.”

BE NKY CEO Lee Crume noted that Prysmian is one of a dozen European North American headquarters in the region.

“BE NKY’s VP of Economic Development Kimberly Rossetti visited Prysmian’s leaders in Italy this summer to thank the company for its growth in Northern Kentucky,” said Crume. “We’re thrilled to celebrate the new state-of-the-art North America headquarters and the continued success of the company.”

Prysmian Group’s investment and planned job creation furthers recent economic momentum in the commonwealth, as the state builds back stronger from the effects of the pandemic.

For more information on Prysmian Group, visit na.prysmiangroup.com.

A detailed community profile for Campbell County can be viewed here.

Information on Kentucky’s economic development efforts and programs is available at CED.ky.gov. Fans of the Cabinet for Economic Development can also join the discussion at facebook.com/CEDkygov, on Twitter @CEDkygov, Instagram @CEDkygov and LinkedIn.

Read about other key updates, actions and information from Gov. Beshear and his administration at governor.ky.gov, kycovid19.ky.gov and the Governor’s official social media accounts Facebook, Twitter and YouTube.

###