LS GreenLink USA will invest $681 million to build a 750,000-square-foot high-voltage direct current submarine cable manufacturing facility to serve the global offshore wind industry on approximately 100 acres of brownfield in the City of Chesapeake, Virginia, USA.
The new facility will create over 330 full-time jobs. Construction is scheduled to begin in 2025, and the subsea cable factory is expected to be completed in 2027.
LS GreenLink is a wholly owned subsidiary of LS Cable & System (LS C&S), a provider of power and communication cable and system solutions. Founded in 1962, LS C&S develops and provides cable solutions for power grids and communication networks around the world. LS C&S has over 6,450 employees and 35 subsidiaries in 17 countries. LS C&S is a subsidiary of LS Corp., a global industrial conglomerate headquartered in South Korea.
