LS GreenLink USA, Inc. will invest $681 million to build a state-of-the-art facility to manufacture high-voltage subsea cables used for offshore wind farms.
CHESAPEAKE, Va. — Governor Glenn Youngkin came to Chesapeake on Tuesday to announce a major economic development project.
The governor said that South Korea-based LS GreenLink will invest $681 million to build a state-of-the-art facility to manufacture high-voltage subsea cables used for offshore wind farms.
Youngkin said it will create more than 330 full-time jobs.
“LS GreenLink’s investment in Virginia will showcase the Commonwealth as a leader in offshore wind industry manufacturing,” Youngkin said in a news release. “LS GreenLink has recognized that Virginia has the skilled talent, world-class logistics location, and business environment that will allow it to serve its growing global customers for submarine power cables.”
The new facility, which is the first offshore wind cable manufacturer in the United States, will be built on …