June 24, 2011 – The Ontario government says it is helping Prysmian Power Cables and Systems Canada—an eastern Ontario power cable manufacturer—double its production capacity, while creating 80 new jobs and protecting 52 existing positions.

“The support from the Government of Ontario will consolidate our operations and help boost our capacity to produce high-voltage cables and systems for the global market,” said Daniel Blais, VP Industrial Operations, Prysmian.

With support from the province, the company will consolidate its commercial and industrial cable production, increase productivity at its Prescott facility, improve product quality and reduce operational costs. Producing, distributing and selling cables and systems for the global energy and telecom sectors are the company’s principal activities.

“Helping eastern Ontario companies grow their businesses is an important part of our plan. By supporting innovative companies like Prysmian Power Cables and Systems Canada, we’re creating good jobs and strengthening our communities,” said Jean Marc Lalonde, MPP for Glengarry-Prescott-Russell.