PARAGOULD, AR (KAIT) - Prysmian Group announced Monday it would invest $2.8 million and create 12 new jobs to expand its facility in Paragould.
“We have been impressed with our Paragould facility and knew this was the right place for us to invest our resources,” said Dewayne Kirby, interim plant manager. “Thanks to dedicated workers and support from our local and state partners, Paragould is home.”
The plant, according to a news release from the Arkansas Economic Development Commission, is a Tier 2 automotive supplier manufacturing copper wire and cable products.
“For 30 years, Prysmian and its predecessors have found success in Paragould,” said Mayor Mike Gaskill. The workforce here in Paragould is second to none, and I’m hopeful that great things are going to come from this partnership.”
Prysmian, formerly General Cable, currently employs 182 people at the plant.