CHUNGCHEONGBUK-DO < invest Korea

According to Yonhap News,

The city of Chungju reached an investment agreement worth over KRW 10 billion with EmTech and Withus on Oct 31.

EmTech, a fire escape ladders maker and the first developer of elevator buffering device in Korea, has been working with Hyundai Elevator since 2014. They recently rolled out the recruitment plan to have 50 more employees under the investment pact to newly establish assembly line by 2022.

Withus, an electronic parts producer, also injects KRW 4 billion into the investment plan to build up new facilities by the end of this year.

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Source: Yonhap News (Oct 31, 2019)