CHUNGCHEONGBUK-DO < invest Korea

According to Newsis,

On Aug. 17, Chungbuk-do and Jeungpyeong-gun inked an MoU with Nexflex Corp. to ramp up Flexible Copper Clad Layer(FCCL) film production lines at the Chungbuk provincial office.

By signing the MoU, Nexflex plans to invest KRW200 billion for setting up a new production facility on the land of 27,107 square-meters.

Nexflex, a production company, specializes in manufacturing FCCL film that is a key material for manufacturing Flexible Printed Circuit Board necessary for light-weight electric devices.

As a small but strong business, it has expanded its exports revenue backed by its casting method in manufacturing FCCL.

The Chungbuk Province Governor Kim Young-hwan said, "we will actively engage in giving administrative and financial support to the Nexflex's project."

yjc@newsis.com
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Source: Newsis (Aug 17, 2022)