LG’s $64M Virginia factory will make data center chillers

URLhttps://virginiabusiness.com/lgs-64m-virginia-fact
SourceVirginia Business
Date Published09/30/2026
Author NameKate Andrews

Additional Reshoring Information:

Company/Division name LG Electronics
Parent companyLG Electronics
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):164
Year reshoring announced:2026
Capital investment ($):63.9
Country(ies) from which reshored:Korea, South
City reshored to:Isle of Wight County
State(s) reshored to:VA
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredrefrigerant-free HVAC systems
What non-domestic negative factors made offshoring less attractive?Green considerations
What domestic positive factors made reshoring more attractive?Eco-system synergies, Infrastructure, Skilled workforce availability/training
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