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Chungju-si signed investment agreement with Ecotecheng and PoriBio

According to Yonhap News,

On November 7, Chungju-si, Chungbuk-do, signed an investment agreement worth KRW 13.2 billion with Ecotecheng, an aluminum composite panel manufacturer, and PoriBio, a pharmaceutical company.

Ecotecheng, located in the Megapolis Industrial Complex in Seochungju, plans to invest KRW 8.6 billion to increase production capacity through establishment of a 1,983㎡ factory on a 6,519㎡ site in Dongchungju Industrial Complex.

When the new plant goes into operation, it will hire 34 people.

PoriBio plans to invest KRW 4.6 billion to establish a plant on a 3,666㎡ site in Dongchungju Industrial Complex and employ 22 people.

Poribio, which specializes in producing PDRN and PN, a tissue regeneration material extracted from Salmonid fishes, also plans to relocate its headquarters and factory from Eumseong to Chungju.

Source Text

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Source: Yonhap News (November 7, 2023)

** This article was translated from Korean.