Bastrop, Texas — According to state and local development sources, LS Electric America plans to invest $5,000,000.00 to build out 13,193 square feet of new space in Bastrop. The company plans to occupy the new space at 409 Technology Drive in Bastrop, on or about January 1, 2025. According to the company website From 1974 to 2004, LG Industrial Systems thrived domestically throughout Asia and throughout the Middle East with success in a wide range of industries. In 2005, the company was renamed LSIS under the LS Group of companies. Today, LSIS is headquartered approximately 35 miles south of Seoul, Korea in Anyang-si, Gyeonggi-do, employs more than 3,500 people globally, operates 8 manufacturing facilities, and is approaching $3B USD in sales. In June 2011, eager to expand its domestic leadership position into a global one, LSIS announced expansion into North America as its highest global growth priority. The establishment of LSIS USA soon followed with the incorporation of its US operation in November of 2012. LSIS USAs core mission is to establish the LSIS brand in the United States and Canada, and position the company for long term growth. LS ELECTRIC is a global electrical solutions provider and electrical component manufacturer of UL, ANSI, and IEC products.

To learn more about LS Electric America, visit http://www.lselectricamerica.com/

Company Contact:
Ja-Kyun Koo, Chief Executive Officer
224-352-2265

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