LG Electronics to invest $110 mil. for chiller facilities in US, Korea
LG Electronics will invest 150 billion won ($110 million) to set up a new U.S. chiller factory and expand production lines in Korea to meet rising demand for artificial intelligence (AI) data center cooling systems, the company said Thursday. The plant will be established in Windsor, Virginia, and is scheduled to begin production in the first half of 2027. It will have 32,000 square meters of…
LG Electronics has announced plans to invest $110 million in the establishment of a new chiller factory in Windsor, Virginia, and the expansion of production lines in South Korea to meet the growing demand for artificial intelligence (AI) data center cooling systems. The new plant, scheduled to begin production in the first half of 2027, will occupy 32,000 square meters of floor space on a 170,000-square-meter site.
It will primarily manufacture air-cooled chillers for AI data centers. Additionally, LG Electronics plans to add air-cooled chiller production lines and upgrade equipment at its factories in Pyeongtaek, Gyeonggi Province, and Changwon, South Gyeongsang Province, by the end of this year. The company's move comes as North America hosts more than half of the world's AI data centers, with global data center power requirements forecast to rise from 226 gigawatts this year to 420 gigawatts in 2030, with 60 percent of this increase concentrated in North America.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
