Uploaded August 2026 | Updated September 2026, 2 weeks ago

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It's been revealed that the project billed as the "single largest capital investment in the history of the Hampton Roads region" will be coming to Chesapeake's Greenbrier area.

Wednesday, LS Cable & System, Ltd. confirmed it is under contract to buy 86-acres of land just south of Volvo Parkway to develop its LS Advanced Materials Manufacturing Complex.

Initially announced last year, the $689 million facility will focus on the magnet wire production, rare-earth magnet production and copper recycling and rod manufacturing. The South Korean-based company said the move would help strengthen the U.S. supply chain and provide 430 new jobs.

Link: wavy.com/news/local-news/chesapeake/689m-manufacturing-complex-planned-near-dollar-tree-hq-in-chesapeake

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