Full-Time
Posted on 8/14/2025
World's largest maker of electrical cables
No salary listed
Marcy-l'Étoile, France
In Person
Prysmian Cables & Systems is the world’s largest cable manufacturer by revenue, producing a wide range of electrical and communications cables and systems. Its products include high- and medium-voltage power cables, telecom cables, and fiber-optic solutions. These cables are built from conductors (like copper or aluminum), insulation, shields, and protective jackets, and are installed in infrastructure for power transmission, distribution, and data networks. Prysmian’s fiber and cable offerings enable reliable data transfer and energy delivery across buildings, cities, and grids. The company differentiates itself through its global scale, a history of strategic acquisitions (notably Draka in 2011 and General Cable in 2017) that expanded its footprint and product breadth, and a strong focus on cash flow to fund growth. Its goal is to maintain leadership in the cable industry by providing comprehensive, integrated cabling solutions for energy and communications infrastructure worldwide.
Company Size
10,001+
Company Stage
IPO
Headquarters
Milan, Italy
Founded
1872
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Health Insurance
Hybrid Work Options
Flexible Work Hours
Stock Options
Performance Bonus
Meal Benefits
Prysmian, a global leader in energy and data wire and cabling solutions, has announced leadership changes in North America following record performance. The company reported €20 billion in global revenues for 2025, with North America contributing over $9 billion—40% of total sales. The restructuring follows recent acquisitions of Encore Wire and Channell, which added over 3,000 employees. Key appointments include Matt Bedell as SVP of Power Distribution, Brian DiLascia as SVP of Digital Solutions, and Patrick Jacobi as VP of Specialties. Petri Paasonen joins as VP of IT & Digital, whilst Matthew Wagner becomes VP of Corporate Affairs. The moves position Prysmian to capitalise on growing North American demand, with data centre power consumption expected to jump 175% by 2030.
Prysmian, the world's largest cable maker, is considering building a new copper mill in Texas with an investment of $100 million to $200 million, driven by surging demand from data centres and electrification. The Italian company may decide within a year on the facility at its McKinney site near Dallas, which would double or triple output. Regional head Andrea Pirondini said the company is also pursuing bolt-on acquisitions in the US, its top priority market after investing over $6 billion there in the past three years. Data centre growth is offsetting sluggish housing demand, with the sector seeing double-digit expansion. Prysmian sources most copper domestically and warned that proposed tariffs on refined copper imports would be disruptive, as the US lacks sufficient smelting capacity.
Rio Tinto and Prysmian have partnered on an industrial trial to produce low-carbon aluminium cables for the data centre market. The trial used aluminium from Rio Tinto's hydropowered Alma smelter in Quebec and material produced using ELYSIS technology, which eliminates direct greenhouse gas emissions from smelting and produces oxygen instead. The partnership builds on a five-year supply agreement signed in 2023, combining both companies' technologies to develop lower-carbon aluminium solutions for energy transmission and data centres. According to CRU, data centres represented approximately 7% of North American cable demand in 2025, with projected compound annual growth of around 17% between 2026 and 2030. The collaboration aims to support the data centre industry's expansion whilst helping customers meet sustainability objectives as aluminium gains market share in data centre infrastructure.
Prysmian, a major cable manufacturer, and Versalis, chemical subsidiary of energy giant Eni, have partnered to recycle plastic waste from discarded cables. Prysmian will collect plastic scrap from its production and decommissioned cables, whilst Versalis will use its Hoop technology to transform the waste into new polymers for high-performance cables. The partnership aims to repurpose 60% of cross-linked polyethylene scrap into reusable material. The chemical recycling process converts waste into pyrolysis oil, which is then transformed into new plastic polymers at Versalis's Mantua plant. Beyond environmental benefits, the initiative could stabilise supply chains by reducing dependence on newly extracted raw materials, potentially leading to cost savings for manufacturers and more stable prices for consumers relying on power and communication cables.
Acquisition of Spain-based ACSM brings subsea surveying, seabed preparation and new installation solutions in-house