The Wall Street Journal: LG Electronics to build washing-machine factory in Tennessee

South Korean conglomerate LG Electronics Inc. said it is planning to build a new washing machine factory in Tennessee, its first major U.S. plant, and hire at least 600 workers by the end of 2019.

LG’s 066570, +1.36% decision to locate production in the U.S. could aid its push into the American home-appliance market, where it has gained share in recent years competing against rivals such as Michigan-based Whirlpool Corp. WHR, -0.23%

A U.S. plant would also help the foreign company avoid U.S. tariffs aimed at its washers produced abroad. For instance, the U.S. Department of Commerce last year imposed tariffs on LG washers made in China, as the company looked for other production bases, including Thailand and Vietnam.

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