LS Cable begins construction of bus duct and battery parts factory in Mexico to expand North American market - Korean media

LS Cable, a major electric cable manufacturer, announced on the 2nd (local time) that it has started construction on two factories in Mexico to manufacture bus ducts for power transmission equipment and battery parts for electric vehicles (EVs).
The factory is located in an industrial park in the state of Queretaro in central Mexico, with a site area of approximately 126,000 square meters and a total floor area of 16,800 square meters.
The plant will have a capacity of 1.5 cubic meters. Mass production is expected to begin in the second half of 2025. The company plans to develop the Queretaro plant as an export base for the North American market. Mexico has low labor costs,
Another advantage is that it will be covered by the United States-Mexico-Canada Agreement (USMCA), which will eliminate tariffs on trade between the United States and Canada.
The bus ducts produced here are supplied to EVs, batteries, semiconductor factories, data centers, etc.
The Queretaro plant will be the company's third plant in the world, following its plants in Gumi, North Gyeongsang Province, South Korea, and Wuxi, China, as well as the Ho Chi Minh City plant established by LS Ecoenergy in Vietnam.
This will be the company's fourth bus duct production facility after the Polish plant. The company will also make the Queretaro plant a core facility for its battery components business, along with the Polish plant.
The company said, "Busduct is expected to experience significant growth as it expands into the artificial intelligence (AI) data center market."
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