Preformed Line Products Company $(PLP.NZ)$ has announced a significant expansion of its European operations to meet rising market demand and bolster its long-term commitment to the region. The company has commenced construction on a new multi-purpose facility in Wieprz, Żywiec County, Poland, set to replace its current operations in Bielsko-Biała. This new site, expected to be completed in 2026, will enhance manufacturing capabilities and provide modern spaces for engineering and sales support. In addition, PLP has undertaken a major upgrade at its Seville, Spain facility, increasing operational space by 250% and office capacity by 240%. The expansion will support a broader product portfolio and improve employee amenities. This strategic investment aligns with PLP's vision of supporting global infrastructure projects, including grid modernization and renewable energy. CEO Dennis McKenna expressed confidence in the long-term growth of the European market, emphasizing the company's commitment to providing precision-engineered solutions worldwide.
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