The loss of a $300 million Prysmian Group undersea cable factory last week signaled a reverse in the development of Brayton Point Commerce Center, coming as a shock to residents’ expectations and the town’s plans to welcome new markets for clean energy and large-scale business to the SouthCoast.
Prysmian on Jan. 17 announced its decision to abandon plans for Somerset, where the company would have purchased 47 acres to build a manufacturing plant that created cables for offshore wind farms.
Prysmian did not mention President Donald Trump in its announcement, but it came three days before Trump's inauguration, the end of a long campaign where Trump had been repeatedly and openly hostile to offshore wind energy and promised to shut down projects on taking office — a potential financial blow to the SouthCoast despite it heavily supporting him at the polls.
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