What’s happening
The 58,925-square-foot facility employs 50 workers and operates as a technical center supporting the company’s growing U.S. operations.
Why it matters
In a statement issued by LS Electric, officials said the Bastrop site marks a strategic move to localize production, reducing exposure to tariffs and supply chain disruptions.
Over the next five years, the company plans to invest $240 million into the facility and expand its local workforce.
Notable quote
“We are thrilled to open our Bastrop Campus and begin this new chapter,” President and Chief Operating Officer JongWoo Kim said in a news release from the Bastrop Economic Development Corporation. “This facility reflects our commitment to innovation and our investment in the local economy.”
