LS Cable & System USA Announces $689 Million Investment in Chesapeake

URLhttps://www.vedp.org/press-release/2025-12/ls-cabl
SourceVirginia Economic Development Parnership
Date Published12/12/2025

Additional Reshoring Information:

Company/Division name LS Cable & System USA
Parent companyLS Cable & System Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):430
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):689
Country(ies) from which reshored:Korea, South
City reshored to:Chesapeake
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredcables
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives, Impact on domestic economy, Infrastructure
Government Incentive dollar amount:8,800,000
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