The South Korean industrial firm LS Cable & System has started construction of a $700 million offshore wind cable factory in Chesapeake, VA. Its subsidiary LS Greenlink aims to complete its manufacturing and port facility by the first quarter of 2028. The facility includes a 750,000 square foot manufacturing plant and a 660-foot vertical continuous vulcanization tower to manufacture high-voltage direct-current submarine cables. LS Greenlink aims to complete the initial phase – which will require more than $680 million of investment – by the third quarter of 2027, ahead of full operations starting by the first quarter of 2028 when it will employ some 330 workers. More information can be found here.
