Chesapeake copper rod, magnet wire and rare-earth magnet complex
LS Cable & System Ltd., Chesapeake, Chesapeake city County, Virginia
Chesapeake copper rod, magnet wire and rare-earth magnet complex in Chesapeake, Virginia is LS Cable & System Ltd.’s plant for copper rod (recycling/smelting), magnet wire, rare-earth magnets. Status: announced as of December 12, 2025. LS Cable & System Ltd. announced $689 million and 430 jobs. Primary source: vedp.org, checked November 12, 2026.
- Status
- Announced
- Announced investment
- $689 million
- Announced jobs
- 430
- Industry
- Steel and metals
- Sheet
- VA-17
- Revised
- November 12, 2026
Status timeline
- Announcedvedp.org
Filled dots are confirmed by a company, state, SEC or federal source. Dashed dots come from news reports only. Investment and job figures are as announced, not achieved.
Plant facts
| Company | LS Cable & System Ltd. |
|---|---|
| Plant | Chesapeake copper rod, magnet wire and rare-earth magnet complex |
| Location | Chesapeake, Chesapeake city County, Virginia |
| Industry | Steel and metals |
| Product | Copper rod (recycling/smelting), magnet wire, rare-earth magnets |
| Announced investment | $689 million |
| Announced jobs | 430 |
| Last checked | November 12, 2026 |
Sources
- VEDP: LS Cable & System USA $689 million investment in Chesapeake (state release, vedp.org, checked November 12, 2026)
- VEDP news releases listing (dates) (state release, vedp.org, checked November 12, 2026)
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