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Wonkwang Pharmaceutical is to expand its plant with KRW 14 bn investment in Iksan

According to Yonhap News,

(IKSAN=Yonhap News) On August 5, Wonkwang Pharmaceutical Corporation, known for Bowha Gyeongwokgo, signed MOU with Iksan City to move its plant to the 3rd Industrial Complex in Iksan-si, Jeonbuk.

Wonkwang will invest KRW 14 billion by the end of next year to build a plan on the site of 26,548 sq. meters in Iksan's 3rd Industrial Complex.

If the plant is up and running, it is expected to create 60 jobs.

Wonkwang is a pharmaceutical company, founded in 1934 based in Bowhadang of Wonkwang University.

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Source Text

Source: Yonhap News (August 5, 2019)

** This article was translated from Korean.