LS Electric to establish power distribution plant in Texas

SourceAju Korea Daily
Date Published07/10/2023
Author NameKim Joo-heon

Additional Reshoring Information:

Company/Division name LS Electric
Parent companyLS Electric
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2023
Country(ies) from which reshored:Korea, South
City reshored to:Bastrop
State(s) reshored to:TX
If relevant, work nearshored to:-
Product(s) reshoredpower distribution infrastructure
What domestic positive factors made reshoring more attractive?Proximity to customers/market
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