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LG Electronics' Tennessee Factory Named World-Leading Lighthouse by World Economic Forum.

Source: LG Electronics

LG Electronics (KRX: 066570) home appliance manufacturing facility in Clarksville, Tennessee, has been named a world-leading lighthouse factory by the World Economic Forum.

The one-million-square-foot factory is the first home appliance factory in the United States to be included in the global network of WEF and the second for LG, following LG Smart Park in South Korea, which was named a Lighthouse Factory by WEF last year.

The WEF recognizes a lighthouse factory for integrating the Internet of Things (IoT), Big Data, artificial intelligence (AI), robotics, and other fourth-industrial revolution technologies into its operations.

The WEF selects factories twice a year and includes them in its network.

LG’s Clarksville plant, which manufactures front-load and top-load washers and dryers, uses advanced digital technologies such as AI and Big Data and has an annual production capacity of 1.2 million washers and 600,000 dryers.

The plant also has a fully autonomous logistics system with 166 driverless vehicles that transport parts through the plant.

The company plans to deploy a 5G connectivity network throughout the plant in the second half of this year to improve the efficiency of its logistics system by enabling faster and more precise transportation of materials.

It will also introduce autonomous mobile robots that navigate through the plant.

LG’s commitment to sustainability is also evident in its Tennessee factory, which converted to renewable energy in 2022 and used a highly efficient utility infrastructure.

The plant uses LG‘s advanced building energy control solution to provide electricity, steam, and heat.

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