Gaon Cable expands US production capacity amid rising tariffs
Gaon Cable, a subsidiary of LS Cable & System, is gaining a competitive edge in the United States as Washington tightens tariffs on steel, aluminum and copper-related products, with its local manufacturing base helping it reduce tariff exposure and navigate supply chain uncertainties. The company is expanding its U.S. production capacity while broadening its business from artificial intelligence…
Gaon Cable, a division of LS Cable & System, is strengthening its position in the United States as the country imposes higher tariffs on steel, aluminum, and copper-related products. By expanding its local manufacturing base, Gaon Cable aims to reduce its tariff exposure and navigate supply chain uncertainties. The company is currently increasing its production capacity in the U.S. while expanding its product offerings from artificial intelligence (AI) data centers to power transmission networks and power plants.
This strategic move positions Gaon Cable to capitalize on the escalating demand for electricity infrastructure. Gaon Cable's U.S. production subsidiary, LSCUS, is based in Tarboro, North Carolina, and caters to global technology giants and AI cloud service providers by supplying power cables and bus ducts. The company intends to invest around $50 million to double its cable production capacity at the Tarboro facility by 2027.
Depending on new orders and customer investment plans, further expansion may be considered. LSCUS' projected revenue is expected to grow from approximately 440 billion dollars.
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- Gaon Cable expands US production capacity amid rising tariffs koreatimes.co.kr
