CHUNGCHEONGBUK-DO < invest Korea

According to Yonhap News,

Chungju-si, Chungbuk-do signed MOUs on investment worth KRW 140 billion with three companies including SNS on October 21.

SNS, a company specializing in auto electronic parts, will build a factory (8,000㎡) near the factory (18,904㎡) under construction in the Dongchungju Industrial Complex to expand production capacity of eco-friendly battery control parts, and others.

The company plans to invest KRW80 billion in building the factory and hire 100 workers by 2032.

Seodo BNI, a company producing food additives, plans to invest KRW 40 billion to build a 13,200㎡ factory in the Dongchungju Industrial Complex and hire 30 workers.

SS Medicare, a manufacturer specializing in portable drug injectors, will spend KRW 20 billion to build a 4,314㎡ factory in the Dongchungju Industrial Complex and hire 65 workers.

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Source: Yonhap News, (October 21, 2024)