LG Electronics to Invest US$250 mln in U.S. Washer Factory

SEOUL, Aug. 25 (Korea Bizwire) — South Korean tech giant LG Electronics Inc. said Friday it will invest US$250 million to build a washer factory in the U.S. The construction of the factory in Tennessee is expected to be completed in the first quarter of 2019, with an annual production capacity of 1 million units. [...]