# LS Cable & System starts $34M expansion of Donghae plant

LS Cable & System began construction of a second factory at its Donghae industrial complex in South Korea, investing 40 billion won to build an extra-high voltage cable production line. The expansion will increase production capacity by 250% and create 50 new jobs, with completion expected in February 2020.

- Type: Expansion
- Announced: 2019-06-03
- Where: Donghae, Gangwon Province, South Korea
- Value: $34.0M (40.0B KRW)
- Jobs: 50
- Starts operating: Feb 2020
- Status: under construction
- Capacity: 250% increase
- Products: extra-high voltage cables, HVDC cables
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [LS Cable & System](https://endata.com/companies/21025.md)

## Sources

- [kwnews.co.kr](https://www.kwnews.co.kr/article/201906030455958), 2019-06-03: "LS전선은 송정일반산업단지 2블록 10만4,395㎡에 400억원을 투자해 초고압 케이블 생산라인을 구축하기 위한 공장 증설사업을 벌여 내년 2월 준공 예정이다."

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