[Jeonbuk] Automotive Parts Manufacturer Invests KRW 10.3 Billion in Namwon City and Employment

Jeonbuk Self-Governing Province and Namwon City have signed an investment agreement worth 10.3 billion won with Dongshin Industrial Co., an auto parts manufacturer.

Dongshin Industrial Co., a primary partner of Hyundai Motor Co., plans to build a foamed polypropylene and EPP plant on the site of Namwon General Industrial Complex by the first half of this year and hire 22 new employees.

EPP is an eco-friendly material that is used in various ways such as food container packaging and automobile parts.