Shortcut to Body Shortcut to main menu

Investment News

  • Home
  • About Us
  • Newsroom
  • Investment News
MUSCO Poongsan Signs $15 Million Investment MOU with Gyeongbuk and Gumi
제목 없음


MUSCO Poongsan inked a memorandum of understanding (MOU) for a $15 million investment with North Gyeongsang Province (Gyeongbuk) and Gumi City last month.


MUSCO Poongsan is a joint venture founded in 1997 by U.S. global lighting equipment manufacturer MUSCO and Korea's Poongsan, an advanced materials company. It assembles components imported from MUSCO and sells manufactured goods.


The $15 million investment will go towards building a factory for sports and stadium-lighting equipment in Gumi, Gyeongbuk in response to growing demands for nighttime lighting triggered by the popularity of the sports and leisure industry.

Source Text


Source: Yonhap News (Jul. 3, 2012)


** This is the translation of a Korean article.

Meta information