The Chesapeake City Council voted Tuesday night to submit a federal grant application on behalf of LS Greenlink, a submarine cable manufacturer.
The company, a subsidiary of South Korean LS Cable & System, has already begun construction on a $700 million cable manufacturing facility in Chesapeake.
In December 2025, LS Greenlink announced plans to build an additional complex to make copper rods, rare-earth magnets and magnet wires in the city. The magnet wires are used in industrial and automotive industries, and rare-earth magnets are used in weapons and electric motors…