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Charleston Leader

Friday, November 15, 2024

Capito Applauds New LG Corp. Technological Investment into West Virginia

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Senator Shelley Moore Capito, U.S. Senator for West Virginia | Official U.S. Senate headshot

Senator Shelley Moore Capito, U.S. Senator for West Virginia | Official U.S. Senate headshot

CHARLESTON, W.Va. - Today, U.S. Senator Shelley Moore Capito (R-W.Va.) joined West Virginia state leaders, including Governor Jim Justice (R-W.Va.) and other officials, to celebrate the announcement of a significant investment by LG Corp. into West Virginia. The $700 million investment will create 275 new technology jobs in the state and focus on developing new technologies for renewable energy, healthcare, and other industries of the future.

Senator Capito expressed her gratitude to everyone involved in making West Virginia an attractive investment destination for LG Corp. She acknowledged the efforts of the governor's office, state legislature, and higher education institutions in improving the state's technology infrastructure. Senator Capito stated, "I am confident that this announcement today is another positive step to grow West Virginia's economic momentum and strengthen our reputation as a destination for technology innovation."

The investment by LG Corp. is a testament to the potential of West Virginia as a hub for technological advancements. The state's commitment to improving its technology infrastructure has paid off, attracting a major corporation like LG Corp. to invest in the region.

The event was attended by various key figures, including U.S. Senator Joe Manchin (D-W.Va.) and Global LG CEO William Cho. The presence of these individuals underscores the significance of the investment and the collaborative efforts made to make it happen.

This investment by LG Corp. will not only create jobs but also pave the way for the development of cutting-edge technologies in renewable energy and healthcare. It demonstrates West Virginia's commitment to fostering innovation and growth in these sectors.

The announcement is a significant boost for West Virginia's economy, further solidifying the state's position as a destination for technology companies looking to expand their operations. The investment by LG Corp. will not only bring job opportunities but also contribute to the overall development of the state's technology ecosystem.

West Virginia is well on its way to becoming a leader in technological innovation, thanks to investments like this. The state's collaboration with industry leaders and its dedication to creating a favorable business environment have positioned it as an attractive choice for companies seeking to invest in cutting-edge technologies.

With the support of Senator Capito and other state leaders, West Virginia is poised to capitalize on this investment by LG Corp. and continue its momentum in driving economic growth through technological advancements.

As West Virginia celebrates this milestone, the state's focus on technology and innovation is expected to attract further investments and opportunities. The investment by LG Corp. marks a turning point for West Virginia and sets the stage for a prosperous future in the technology sector.

For additional details, please follow this link: https://www.capito.senate.gov/news/press-releases/capito-applauds-new-lg-corp-technological-investment-into-west-virginia

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