# LG Electronics invests 220 billion won in US and domestic production expansion

LG Electronics is investing approximately 220 billion won to establish a new production base in Virginia, USA, and expand production lines in Pyeongtaek and Changwon, South Korea, to respond to increased orders.

- Type: Investment
- Announced: 2026-11-09
- Where: Virginia, United States
- Value: $165.0M (220.0B KRW)
- Status: announced
- Products: HVAC equipment, cooling solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [LG Electronics](https://endata.com/companies/11457.md)

## Sources

- [kr.investing.com](https://kr.investing.com/news/stock-market-news/article-2165357), 2026-11-09: "LG전자는 수주 물량에 대응하기 위해 미국 버지니아주 생산거점 신설과 국내 평택·창원 생산라인 확충 등에 약 2200억원을 투자하고 있다."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.