News & Event
- Home
- News
- News & Event
Dongbang Agro to invest KRW 15.7 bn in Iksan to build a logistics warehouse by 2026
Dongbang Agro announced that it will invest KRW 15.7 billion to build a logistics warehouse in the Hamyeol Agro-Industrial Complex in Iksan-si, Jeonbuk State.
According to Iksan-si, Dongbang Agro has signed a land purchase agreement for a 25,586㎡ plot in the Hamyeol Agro-Industrial Complex.
The company plans to build a logistics warehouse by 2026 to store finished products of crop protection agents.
Dongbang Agro, established in 1971 and listed on the KOSPI, is a mid-sized company specializing in crop protection products such as pesticides and fertilizers. The company has been continuously developing technology and innovating quality, particularly in response to changes in agricultural technologies such as eco-friendly and smart farming.
The city expects that this investment will strengthen the competitiveness of the local crop protection industry centered around the Hamyeol Agro-Industrial Complex and accelerate the growth of related industries.
Iksan's mayor stated that "We appreciate the decision of a company with excellent technology in the crop protection field to invest in Iksan. We will do our best to create a business-friendly environment so that small and medium-sized enterprises leading future promising industries can grow further in Iksan."
chinakim@yna.co.kr
Source Text
** This article was translated from Korean.
Date
2025.11.21
Views
135
According to Yonhap News,
Dongbang Agro announced that it will invest KRW 15.7 billion to build a logistics warehouse in the Hamyeol Agro-Industrial Complex in Iksan-si, Jeonbuk State.
According to Iksan-si, Dongbang Agro has signed a land purchase agreement for a 25,586㎡ plot in the Hamyeol Agro-Industrial Complex.
The company plans to build a logistics warehouse by 2026 to store finished products of crop protection agents.
Dongbang Agro, established in 1971 and listed on the KOSPI, is a mid-sized company specializing in crop protection products such as pesticides and fertilizers. The company has been continuously developing technology and innovating quality, particularly in response to changes in agricultural technologies such as eco-friendly and smart farming.
The city expects that this investment will strengthen the competitiveness of the local crop protection industry centered around the Hamyeol Agro-Industrial Complex and accelerate the growth of related industries.
Iksan's mayor stated that "We appreciate the decision of a company with excellent technology in the crop protection field to invest in Iksan. We will do our best to create a business-friendly environment so that small and medium-sized enterprises leading future promising industries can grow further in Iksan."
chinakim@yna.co.kr
Source Text
Copyrights Yonhap News. All Rights Reserved.
Reprint or redistribution without permission is prohibited.
Source: Yonhap News (November 17, 2025)
** This article was translated from Korean.