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Chungbuk-do and Eumseong-gun signed an investment agreement worth KRW 113 bn with DY ELACEN
On March 18, Chungbuk-do and Eumseong-gun signed an investment agreement worth KRW 113 billion with DY ELACEN, which is planning to establish a new factory.
DY ELACEN, a manufacturer of rubber products for automobiles and industrial uses, plans to set up a manufacturing plant in the Eumseong Human Smart Valley by 2028.
The new plant has been said to integrate and relocate the existing factory in Siheung, Gyeonggi-do and the other one in Eumseong Hi-Tech Industrial Complex.
The company is expected to hire about 300 new employees.
DY ELACEN is committed to ensuring the smooth implementation of the project, using locally produced materials first, and prioritizing local hiring.
Chungbuk-do and Eumseong-gun will provide administrative support to ensure the successful progress of the project.
jeonch@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.03.20
Views
35
According to Yonhap News,
On March 18, Chungbuk-do and Eumseong-gun signed an investment agreement worth KRW 113 billion with DY ELACEN, which is planning to establish a new factory.
DY ELACEN, a manufacturer of rubber products for automobiles and industrial uses, plans to set up a manufacturing plant in the Eumseong Human Smart Valley by 2028.
The new plant has been said to integrate and relocate the existing factory in Siheung, Gyeonggi-do and the other one in Eumseong Hi-Tech Industrial Complex.
The company is expected to hire about 300 new employees.
DY ELACEN is committed to ensuring the smooth implementation of the project, using locally produced materials first, and prioritizing local hiring.
Chungbuk-do and Eumseong-gun will provide administrative support to ensure the successful progress of the project.
jeonch@yna.co.kr
Source Text
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Source: Yonhap News (March 18, 2025)
** This article was translated from Korean.