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TM bank, special equipment vehicle manufacturer, builds a factory in Gimje Free Trade Zone
** This article was translated from Korean.
Date
2022.03.18
Views
268
According to Yonhap News,
TM Bank, a special equipment vehicle manufacturer, held a groundbreaking ceremony for its plant in the Gimje Free Trade Zone in Jeollabuk-do on March 11.
The company is to invest KRW 5 billion by September this year to build a factory on a 16,501㎡ site in the Gimje Free Trade Zone, which will produce small tow trucks for export.
The company's CEO said, "We plan to produce differentiated products through continuous technological development and export them throughout Europe."
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Source: Yonhap News (March 11, 2022)
** This article was translated from Korean.