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LFF Inc. to build a KRW 10 bln manufacturing plant in the city of Namwon
LFF Inc., an agro-equipment manufacturer, signed an investment deal on Jun. 17, making a pledge to build a production plant in the city of Namwon, South Jeolla Province. With KRW 10 billion by the end of this year, they break ground to set up a factory on a 9,860㎡ site near Namwon industry cluster.
Once the factory starts to be in full operation, nearly 70 new jobs appear be added. The cluster, which accommodates the manufacturing plant, was recently formed, sprawling across on a 587,993㎡ filed. Its relatively affordable rent and easier access to transportation have become a topic among businesses lately.
City mayor expressed a gratitude for the investment, adding “We will make an all-out effort to give full support to LFF.”
doin100@yna.co.kr
** This article was translated from Korean.
Date
2020.06.29
Views
348
According to Yonhap News,
LFF Inc., an agro-equipment manufacturer, signed an investment deal on Jun. 17, making a pledge to build a production plant in the city of Namwon, South Jeolla Province. With KRW 10 billion by the end of this year, they break ground to set up a factory on a 9,860㎡ site near Namwon industry cluster.
Once the factory starts to be in full operation, nearly 70 new jobs appear be added. The cluster, which accommodates the manufacturing plant, was recently formed, sprawling across on a 587,993㎡ filed. Its relatively affordable rent and easier access to transportation have become a topic among businesses lately.
City mayor expressed a gratitude for the investment, adding “We will make an all-out effort to give full support to LFF.”
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doin100@yna.co.kr
Source: Yonhap News (Jun. 17 , 2020)
** This article was translated from Korean.