South Korean soldiers escort a group of Korean War veterans from Commonwealth nations during a ceremony marking the 73rd anniversary of the Battle of Kapyong, in Gapyeong County, northeast of Seoul, South Korea. The Battle of Kapyong, from 22 to 27 April 1951, was fought between United Nations Command forces composed mainly of Canadian, Australian, and New Zealand troops, and invading Chinese forces along the Gapyeong (Kapyong) River valley. Photo by YONHAP / EPA
June 23 (Asia Today) -- South Korean power equipment maker LS Electric is strengthening its ties with communities in Utah by honoring Korean War veterans and investing in local education as it expands in the fast-growing North American power market.
Demand for power equipment has surged as artificial intelligence companies build more data centers across North America. Against that backdrop, LS Electric Chairman and Chief Executive Officer Ja-Kyun Koo has emphasized what the company describes as a management strategy based on long-term trust with local communities.
LS Electric said Koo has pursued the strategy through LS Electric Utah, formerly MCM Engineering II, in Cedar City. The South Korean company acquired the operation in 2022 and has since directed an expansion of its production facilities.
