LS Electric to Invest $240 mln for Expanded U.S. Production on Trump’s Tariffs

SEOUL, April 16 (Korea Bizwire) — LS Electric Co., a South Korean electric equipment maker, said Wednesday it will invest US$240 million to expand its U.S. production facility by 2030 in response to U.S. President Donald Trump’s import tariffs. LS Electric has recently upgraded its existing production facility in Bastrop, Texas, to add research and [...]