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Dangjin Seokmoon industrial cluster signed an MOU with two autoparts makers

According to Yonhap News,

Two autoparts makers will establish a production line in Seokmoon national industrial cluster, near the city of Dangjin, South Chungcheong Province.

The city signed an investment contract worth KRW 25.2 billion on Feb. 18 with the two- Changsan Precision Co.,Ltd and Tra Corporation, who transfer to the city to improve local employment and economy. Dangjin city also pledged to work with these investors, providing all the necessary administrative and financial supports.

Changsan Precision Co.,Ltd, which used to headquartered in Ansan city, Gyeonggi Province, resettle into the industrial cluster, spending as much as KRW 21 billion.

Tra Corporation is a boarding bridge producer, planning to make a KRW 4.2 billion in facility relocation in the Seokmoon cluster from Cheonan factories till the end of next year.

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Source: Yonhap News (Feb 18 , 2020)

*This article was translated from Korean.

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