CHUNGCHEONGBUK-DO < invest Korea

According to Yonhap News,  

People & Technology Incorporation (PNT), Korea's leading industrial process management system provider, signed a 13 billion-won investment agreement with Chungju City, north Chungcheong Province (Chungbuk).

Under the agreement, PNT will build a 19,700 square meter-factory No. 2 equipped with production lines for secondary cells, IT materials manufacturing equipment and semiconductor equipment.

PNT also agreed to employ 140 local people for the factory.

Founded in 2003, PNT, a north Gyeongsang Province-based company, has dramatically grown with recording 1 million dollars and 10 million dollars of exports in 2009 and 2010, respectively. It was listed on Korea Securities Dealers Automated Quotations (KOSDAQ) in July.

Source Text

Source: Yonhap News (Oct. 19, 2012)

** This is the translation of a Korean article.