Key Takeaways
- LS Cable & System begins construction on a 750,000 sq. ft. manufacturing plant in Chesapeake, Virginia.
- The facility will include a 660-foot Vertical Continuous Vulcanization tower, the tallest structure in Virginia.
- The project aims to enhance production of HVDC submarine cables vital for offshore wind and energy infrastructure.
The commencement of a transformative project to establish a significant manufacturing facility in Chesapeake, Virginia, has been announced by LS Cable & System. The initial phase will include a 750,000 square foot advanced manufacturing plant and a noteworthy 660-foot Vertical Continuous Vulcanization (VCV) tower. This tower will stand as the tallest structure in the Commonwealth of Virginia and between Philadelphia and Charlotte, highlighting its prominence in the area.
Bon-Kyu Koo, President & CEO of LS Cable & System, expressed enthusiasm for the project, stating it marks a significant advancement in their global vision for energy infrastructure. He emphasized that the investment in cutting-edge manufacturing not only boosts LS Cable’s competitive edge but also addresses the growing global energy demands by providing innovative solutions. This facility will enhance LS Cable’s global footprint, contributing to sustainable energy systems worldwide.
Patrick Y. Shim, Managing Director of LS GreenLink USA, Inc., described the groundbreaking as a pivotal moment, signifying ongoing investments in innovation, sustainability, and energy resilience. According to Shim, this facility will cement LS GreenLink’s leadership in advanced manufacturing while supporting the global energy infrastructure necessary for industries and communities.
Virginia Governor Glenn Youngkin applauded the initiative, describing it as a significant moment for Virginia. This investment will further establish the state’s leadership in innovation and manufacturing, generating hundreds of new jobs. He highlighted LS GreenLink’s commitment to developing advanced energy infrastructure in Virginia as part of the broader innovative growth across the state.
Chesapeake Mayor Rick West remarked that the groundbreaking honors a significant investment in both the city and the Hampton Roads community, underscoring its importance for clean energy and offshore wind industries. He noted that LS GreenLink’s decision to set up operations in Chesapeake underscores the region’s commitment to renewable energy and anticipates ongoing partnerships with South Korea.
The initial construction phase is projected for completion by the third quarter of 2027, with plans to have the facility fully operational by the first quarter of 2028. Future phases are planned, aiming to expand production capacity and technical capabilities in response to evolving global infrastructure needs. The ceremony united executives from LS GreenLink, government officials, industry partners, and community leaders, all affirming the project’s anticipated positive economic impact on the region.
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