On the 26th of July, CommScope announced that the company is planing to invest $60.3 million over the next four years to expand its manufacturing facilities based in North Carolina. “Broadband for everyone is no longer a luxury, but rather a critical necessity to participate in today’s society and economic market,” stated Chuck Treadway, president and CEO, CommScope. “We have long been committed to supplying our partners with the solutions necessary to bring broadband to everyone. Furthering our long-standing relationship with the State of North Carolina is a great next step to bring ‘Internet For All’, and we are thrilled to work with the State on this endeavor. This partnership not only contributes to the economic prosperity of Catawba County but also furthers our commitment to meet the objectives of the BEAD program. This exciting expansion continues to shine a spotlight on Catawba County and North Carolina as the hub that supplies the nation with fiber cable.”
CommScope Announces $60.3 million investment for Fiber Cable Manufacturing Expansion
26.07.2023