Nexans Announces New US High Voltage Cable Manufacturing Plant to be Located in Berkeley County, South Carolina
With an initial investment of $85 million USD, the facility will manufacture high voltage power cables. The plant will begin operation in 2014 and is expected to create up to 200 new jobs.
The Nexans manufacturing facility will be built on a new site in Berkeley County. In its initial phase, it will focus on the manufacture of underground land cables up to Extra High Voltage cables of 500 kV.
“Establishing our Berkeley plant is a key strategic development that will enable Nexans to capitalize on the ever growing demand for high quality HV cables designed and manufactured to meet the specific needs of the major power transmission infrastructure projects in North America and worldwide in the coming years,”’ said Dirk Steinbrink, Executive Vice President, High Voltage & Underwater Cables Business Group, Nexans.
“It’s exciting to see another international company choose to locate new operations in South Carolina. We celebrate the company’s $85 million investment and the creation of 200 new jobs. More and more companies around the globe are learning that South Carolina is the place to do business,” said Gov. Nikki Haley.
Steve Hall, Executive Vice President, North America and South America Areas, Nexans, said, “We identified Berkeley County as the ideal location on the East Coast because it provides easy access to a population of 110 million and offers ready access to navigable waters. We were attracted to South Carolina by its pro-business reputation and competitive Enterprise package. Additionally, the Bushy Park Industrial Complex in Berkeley County provides the perfect, large greenfield site with possible access to a shipping channel. Finally, we have the added advantage of excellent technical schools, South Carolina’s training program, and a skilled local labor pool.”
The Berkeley County plant will reinforce Nexans’ current product range in North America, adding to the existing medium voltage, low voltage, overhead transmission, industrial, building wire, electrical wire and LAN portfolios. In 2011, North America represented more than 11% of the Group’s total sales with over 1300 people employed in seven production facilities: four in the U.S. and three in Canada.