CLAREMONT, N.C. — Prysmian is making another major investment in Catawba County.
Prysmian is investing $1 billion to expand its operations in Claremont. The project is expected to create at least 385 new jobs.
[ PREVIOUS COVERAGE: Joint hearing set for Prysmian’s $1 billion expansion in Catawba County ]
The cable company bought a former Bed Bath & Beyond data center in Claremont for $17.2 million.
The 6.95-acre property and building have an assessed value of $9.4 million, according to Catawba County tax records.
The new investment comes just weeks after Prysmian broke ground on its 1 billion dollar expansion project.
Prysmian’s investment is the largest manufacturing expansion in Catawba County’s history, according to the Catawba County Economic Development Corporation.