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Hyundai Glass to Settle in the Yeongdong Industrial Complex and Invest KRW 10 Bn
Date
2016.12.29
Views
619

According to Yonhap News,

(YEONGDONG=Yonhap News) Hyundai Glass, a producer of tempered glass and insulated glass, will move into the Yeongdong Industrial Complex in North Chungcheong Province.




Yeongdong County entered into an investment agreement worth KRW 10 billion with the glass producer.

The company currently operates manufacturing facilities in Buyeo and Umseong, South Chungcheong Province and produces energy-efficient glasses.

The glass manufacturer plans to build a production line sized 3,600 square meters by next year and hire 86 new employees.

Yeongdong County pledged full administrative support for the relocation of the company.

With the investment contract, sales rate of the industrial complex reached 35%.

bgipark@yna.co.kr

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Source Text

Source: Yonhap News (Dec. 22, 2016)
** This article was translated from Korean.