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 plans to invest $110 million in the establishment of a new chiller factory in Windsor, Virginia, and the expansion of production lines in Korea to cater to the growing demand for artificial intelligence (AI) data center cooling systems. The plant, which will cover 32,000 square meters of floor space in a 170,000-square-meter site, is set to commence production in the first half of 2027.
It will primarily manufacture air-cooled chillers for AI data centers. Additionally, LG Electronics will introduce air-cooled chiller production lines and upgrade equipment at its existing factories in Pyeongtaek, Gyeonggi Province, and Changwon, South Gyeongsang Province, by the end of the year. A single-conveyor system will be implemented across all manufacturing stages to boost productivity and allow for simultaneous operation of multiple lines.
North America accounts for more than half of the global AI data centers. Market tracker Omdia predicts that global data center power requirements will surge from 226 gigawatts in 2023 to 420 gigawatts in 2030, with 60 percent of the increase concentrated in North America.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.