LS Electric to invest 100.8 billion won expanding Busan plant

LS Electric signed an MOU with Busan City to invest 100.8 billion KRW to expand its Busan plant. The expansion will add two VPD facilities and advanced production lines, increasing annual production capacity from 200 billion KRW to about 700 billion KRW and creating over 330 new jobs.

“LS Electric plans to invest 100.8 billion KRW to expand the factory on approximately 4,000 pyeong of idle land next to the ultra-high voltage production building at the Busan plant.”asiae.co.kr

• 1 source
• asiae.co.krAfter Removing Obstacles, 100 Billion Won Flows Smoothly... LS Electric Accelerates Investment with 'Regulatory Reform' - The Asia Business DailyKim YonguFeb 26, 2025

Summarized from public sources; check the original articles before acting on it.