PROJECT BENEFITS:
PROJECT BENEFITS:
Phase one of the Brayton Point project will create 50-80 construction jobs and 160-200 local high-skilled permanent jobs.
The development project will benefit both the local community and members of the Commonwealth by generating significant local property tax revenues for the Town of Somerset as well as substantial corporate and individual income tax revenues to the Commonwealth.
Prysmian is a company with a strong reputation for performance and innovation. With sales of over €15B ($16B) in 2023, over 30,000 employees, and facilities in 50 countries, Prysmian is a global leader in subsea cable manufacturing.
The project transforms the site of a former coal-fired power plant, the Brayton Point Power Station, into a state-of-the-art cable manufacturing plant to support the Commonwealth and the region’s ambitious offshore wind goals.