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Prysmian opens new research and development center

Staff Report //February 21, 2018//

Prysmian opens new research and development center

Staff Report //February 21, 2018//

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Prysmian Group North America, which serves the telecom cables and systems industry, has opened its 54,000-square-foot research and development center at the company’s North American headquarters in Lexington.

The center includes the Prysmian Group Academy, an innovation hub that will play host to international industry experts and develop educational partnerships.

“Today, there is significant lack of innovation in the cable industry, so the first company to really disrupt this space will make a lasting impact in the world,” Hakan Ozmen, CEO of Prysmian Group North America, said in a news release. “Lately, Prysmian Group has made several investments in intelligent cable design and smarter infrastructure development. Our hope for the new R&D center is to foster the next generation of disruptors in the industry, which will have a lasting effect on communities around the globe.”

The academy features an interactive exhibition hall showcasing emerging technologies. In October, Prysmian Group announced a $15 million expansion in its Lexington headquarters, an investment expected to create 30 jobs in the next five years.  

“At Prysmian Group, we prioritize innovation as the key to creating the technology of tomorrow,” said Marcelo de Araujo Andrade, senior vice president of research and development at Prysmian Group. “This milestone is not only a marker of Prysmian’s expanding footprint in North America but also reflects our commitment to improving customers’ lives by advancing technology in a safe, responsible and sustainable way.”