Gaon Cable Expands US Production Amid Rising Tariffs

• •Gaon Cable is investing $50 million to expand production capacity in the U.S.
• •Projected revenue growth for LSCUS is from 440 billion won in 2025 to 1.5 trillion won by 2027.
• •The company is diversifying its product offerings to include nuclear power plant cables.

Gaon Cable, a subsidiary of LS Cable, is increasing its production capacity in the U.S. as tariffs on steel, aluminum, and copper products tighten. The company plans to invest $50 million to add two production lines at its Tarboro, North Carolina facility, aiming to double its cable production capacity by 2027. Revenue projections for LSCUS indicate a rise from approximately 440 billion won in 2025 to about 1.5 trillion won by 2027, driven primarily by demand from AI data centers and power infrastructure investments. The company has secured long-term contracts worth over 5 trillion won with major tech firms for bus ducts through 2030. Gaon Cable is also exploring new markets, including nuclear power plant cables, to diversify its offerings. The U.S. electric utilities plan to invest approximately $178 billion in transmission networks from 2025 to 2028, indicating sustained growth in the power infrastructure sector.