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Daegu-si signed investment agreement with Ilshin Plastic, a local car parts manufacturer
On June 19, Daegu-si signed an investment agreement with Ilshin Plastic, a local automotive parts company, for the construction of a new factory.
Under the agreement, Ilshin Plastic plans to invest approximately KRW 30.9 billion starting in July to build a new automotive parts factory on a 14,000 square meter site within the Dalseong National Industrial Complex.
The city expects the new factory, which is scheduled to begin operations in March next year, to create around 70 new jobs.
Founded in 1971, Ilshin Plastic is a long-established company in Daegu specializing in the development and production of plastic materials for automotive interior and exterior parts.
After being selected as a Daegu Star Company in 2016, the company expanded its export markets to Japan, Mexico, and others. In 2023, it was awarded the "2 Million Dollar Export Tower" award.
Daegu's Deputy Mayor stated, "We will provide full administrative and policy support to ensure that the new factory is completed without any issues".
suho@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.06.19
Views
13
According to Yonhap News,
On June 19, Daegu-si signed an investment agreement with Ilshin Plastic, a local automotive parts company, for the construction of a new factory.
Under the agreement, Ilshin Plastic plans to invest approximately KRW 30.9 billion starting in July to build a new automotive parts factory on a 14,000 square meter site within the Dalseong National Industrial Complex.
The city expects the new factory, which is scheduled to begin operations in March next year, to create around 70 new jobs.
Founded in 1971, Ilshin Plastic is a long-established company in Daegu specializing in the development and production of plastic materials for automotive interior and exterior parts.
After being selected as a Daegu Star Company in 2016, the company expanded its export markets to Japan, Mexico, and others. In 2023, it was awarded the "2 Million Dollar Export Tower" award.
Daegu's Deputy Mayor stated, "We will provide full administrative and policy support to ensure that the new factory is completed without any issues".
suho@yna.co.kr
Source Text
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Source: Yonhap News (June 17, 2024)
** This article was translated from Korean.