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SUNG SHIN & Q Builds Auto Part Factories in the Daegu National Industrial Park
Date
2023.07.13
Views
221


According to Yonhap News,


SUNG SHIN & Q, an advanced machinery part manufacturer, is to build auto part manufacturing factories in the Daegu National Industrial Park located in Dalseong.

With regard to it, Daegu city and SUNG SHIN & Q, signed an MOU.

According to the MOU signed, SUNG SHIN & Q will invest KRW 33 billion in constructing manufacturing plants that produce EV parts, such as coolant pump housing, on 12,716 ㎡ of area in the industrial park.

They will break ground next month. After completing the production facilities, the auto part manufacturer will start to operate it as late as January next year.

SUNG SHIN & Q said this investment decision is part of its efforts to turn itself into an advanced auto part producer specialized in future vehicles.






tjdan@yna.co.kr


Source Text


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Source: Yonhap News (Jul. 12, 2023)


**This article was translated from Korean.