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Samik Dairy & Food Co., Ltd reached a deal to build out a production plant in Iksan

According to Yonhap News,

Samik Dairy & Food Co., Ltd reached an investment deal with the city of Iksan, North Jeolla Province on May 7, pledging to move its production plants into the national F&B industry cluster based in the provincial district.

With a KRW 13 billion worth of investment, the dairy products manufacturer newly builds up a factory on a 14,139 square meter site inside the cluster. Once the facility nestles into the new site, 20 more jobs are expected to be added, producing powdered formula, milk sugar and yogurt products.
The governor of the province said “it’s really appreciated to such investment amid the coronavirus pandemic. The authorities will spare no effort to help Samik Dairy & Food Co., Ltd grow into a global giant.”

Source Text

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Source: Yonhap News (May 7 , 2020)

** This article was translated from Korean.