- Preformed Line Products (PLPC, Financial) is expanding its European operations with new facilities in Poland and Spain.
- The Polish facility will increase production space by 30% and warehouse space by 50%, while the new Spanish site will offer a 250% increase in operational space and 240% more office space.
- These expansions are aimed at supporting growth in grid modernization, renewable energy, and high-speed broadband infrastructure across Europe.
Preformed Line Products Company (NASDAQ: PLPC) has announced a major expansion of its European operations with the construction of a new facility in Wieprz, Poland, and a significant upgrade in Spain. This expansion is poised to enhance the company's production capabilities and meet rising market demand in the region.
The new facility in Poland, scheduled for completion in 2026, will replace the existing operations in Bielsko-Biała and will feature a 30% increase in production space and a 50% increase in warehouse capacity. This site will also host a world-class research and testing laboratory, further elevating PLPC's research and development capabilities in the European market.
Simultaneously, PLPC is relocating its Spanish operations to a larger facility in Seville. The new Spanish site will provide a remarkable 250% increase in operational space and 240% more office capacity. These expansions will support PLPC's growing product portfolio in the region.
The strategic positioning of these new facilities underscores PLPC's commitment to the European market, enabling the company to capitalize on the growing demand for infrastructure projects focused on grid modernization, renewable energy, and high-speed broadband.
Dennis McKenna, Chief Executive Officer of PLPC, emphasized the importance of these developments, stating, "Our new state-of-the-art facility in Poland and greatly expanded operation in Spain will strengthen PLPC's ability to respond to regional needs, support local markets with unmatched service, and deliver precision-engineered solutions to customers around the world."
