South Korean manufacturing company LS Cable & System Ltd. plans to build a $689 million complex in Chesapeake that would employ more than 430 people.
The complex, funded by three of the company’s subsidiaries, will manufacture copper rods, magnetic wires and rare earth magnetics. At a press event Dec. 12, officials said they expect it to be operational in 2027.
It will be the company’s second major investment in Hampton Roads…