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HN Partners and LLC signed an investment MOU with N.Chungcheong Prov. to scale up biz
North Chungcheong Province signed a contract on Sep 15 with two investors, HN Partners and LLC, who’re planning to build out manufacturing and logistics facilities near towns located in Eumseong-gun. HN Partners, a logistics company, unveiled an outline of construction project to establish its second warehouse on a 53,000㎡ site until the first half of the year 2022. Their overloaded warehouse based in Icheon city is known to be attributed to the extension.
A cosmetic products maker and the prize winner of the year 2019 best enterprise who reached USD10 billion in exports, also said they expect to add the fifth factory by the end of this year. Both pledged to fulfill their commitment such as local purchasing or hiring, as part of efforts boosting local economy. The scale of investment and employment has yet to be made public.
jeonch@yna.co.kr
** This article was translated from Korean.
Date
2020.09.28
Views
338
According to Yonhap News,
North Chungcheong Province signed a contract on Sep 15 with two investors, HN Partners and LLC, who’re planning to build out manufacturing and logistics facilities near towns located in Eumseong-gun. HN Partners, a logistics company, unveiled an outline of construction project to establish its second warehouse on a 53,000㎡ site until the first half of the year 2022. Their overloaded warehouse based in Icheon city is known to be attributed to the extension.
A cosmetic products maker and the prize winner of the year 2019 best enterprise who reached USD10 billion in exports, also said they expect to add the fifth factory by the end of this year. Both pledged to fulfill their commitment such as local purchasing or hiring, as part of efforts boosting local economy. The scale of investment and employment has yet to be made public.
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jeonch@yna.co.kr
Source: Yonhap News (Sep 15, 2020)
** This article was translated from Korean.