LG Electronics

Project facts

Decision / announcement date

2026-09-30

Date precision

day

Sector

Energy & power equipment

Facility action

New facility

Facility type

HVAC chiller assembly plant

Project status

Announced

Project / facility

New HVAC systems assembly facility (large air-cooled chillers), 460 Commerce Center, Shirley T. Holland Intermodal Park

Figures & qualifications

Capital category

Committed

Capital scope

site

Jobs classification

New/Direct

Jobs basis

Governor: 'creating 164 new jobs for Virginians.'

Statistical exclusion reason

Expansion band ($50M/100): outside the core $100M/250 statistical series.

LG Electronics will assemble large air-cooled chillers at 460 Commerce Center in the Shirley T. Holland Intermodal Park, investing more than $63.9 million and creating 164 jobs. Production is expected in the first half of 2027.