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Farmsco, Seoul Perfumery to Invest KRW 113.8 Billion in North Chungcheong

According to Newsis News,

(CHEONGJU=Newsis News) Processed meat manufacturer Farmsco and flavoring company Seoul Perfumery have agreed to build new production facilities in North Chungcheong Province.

The two companies signed investment agreements at the Grand Intercontinental Seoul Parnas on March 15 at the information seminar held by the province to attract investment.

Farmsco plans to spend KRW 50 billion on building new facilities in Buki-myeon, Cheongju City, while Seoul Perfumery will be investing KRW 63.8 billion in the Sincheok Industrial Complex in Jincheon-gun.

When they open, the producation facilities are expected to create 310 new jobs.

Copyrights Newsis News. All Rights Reserved.

Source Text

Source: Newsis News (Mar. 15, 2017)

** This article was translated from the Korean.