Prysmian Eyes New Texas Copper Mill Amid Data Center Boom (1)

Prysmian SpA, the world’s largest cable maker, is considering building a new mill in Texas while pursuing U.S. acquisitions, as surging demand tied to data centers and electrification drives growth in its largest market.

The Italian group may pull the trigger in the next year or so on a second copper rod facility at its McKinney site near Dallas, with an investment of $100 million to $200 million, as part of a broader push to expand capacity and secure supply in North America, said regional head Andrea Pirondini.

Barrels of Prysmian SpA cables.

Photographer: Susana Gonzalez/Bloomberg

A new plant would double or even triple output, ...