Prysmian Group was delighted to welcome chancellor of the exchequer, The Right Honourable George Osborne MP, as he visited its Eastleigh manufacturing site today with Conservative Party candidate Maria Hutchings.
The visit was prompted by recognition of the huge investment global cable manufacturer Prysmian is making in the UK. Committed to supporting its UK manufacturing operation in the long term, Prysmian has invested over £15m in its four manufacturing sites over the last six months including £2m to develop a new high voltage testing laboratory at Eastleigh.
Prysmian is critical to several major infrastructure projects such as the Western Link submarine connection between Scotland and England. This contract was awarded in 2012 and uses cable technology unique to Prysmian. Supporting this contract also involved the company acquiring the London based submarine cabling business Global Marine Technology.
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