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According to Yonhap News,
(BOEUN=Yonhap News) Seil Machinery Ind. Co., Ltd., a partnering company of Woojin Plaimm Co., Ltd. in Boeun, will move to the Boeun Industrial Complex.
Boeun County announced November 13 that it has signed a contract with the company.
Seil Machinery Ind. Co., Ltd., which produces extrusion machine cylinders and industrial machines, will invest KRW 5 billion in the construction of a plant on 10,000 ㎡ of land and move the company’s production line in Gimpo to Boeun.
Woojin Plaimm Co., Ltd., which has moved to the Boeun industrial complex last month, plans to become one of the top five plastic extrusion manufacturers in the world by establishing dormitories and employee apartment for 300 households.
"The transfer of Woojin Plaimm Co., Ltd., a blue chip company, to the Boeun industrial complex has shown a ripple effect across its partnering companies," said a Boeun official.
bgipark@yna.co.kr
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Source: Yonhap News (November. 13, 2014)
** This article was translated from the Korean.