Nexans building extra high voltage cable plant in U.S.

Paris, July 7, 2011 — Nexans will build a plant for the manufacture of underground extra high voltage cables — operating at voltages above 200 kV — and possible extension to submarine high voltage activities, in the U.S.

Nexans is investing in the new plant to capitalize on the investments expected in EHV cables in North America in the coming years.

The total investment is expected to be about $80 million. The plant is expected to begin operation in the summer of 2013. Nexans is a high voltage cable company with facilities in Europe and Asia-Pacific.

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