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BackWonju growth companies Danjoung Bio and Ewha P&C invest 19.6 billion won... Sales rate 100%
Wonju growth companies Danjoung Bio and Ewha P&C invest 19.6 billion won... Sales rate 100%
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연합뉴스1 hour agoBusiness1 min readSouth KoreaView original

Wonju growth companies Danjoung Bio and Ewha P&C invest 19.6 billion won... Sales rate 100%

Wonju City, Gangwon-do, signs an investment agreement worth 19.6 billion won with Danjoung Bio and Ewha P&C... Achieved 100% sales rate in the Munmakban counter complex

Quick Look

  • Wonju City, Gangwon-do, signed an investment agreement worth a total of 19.6 billion won with Danjoung Bio and Ewha P&C.
  • With this investment, Munmak Bangye General Industrial Complex achieved a 100% sales rate 13 years after its completion, and 25 new jobs are expected to be created.

AI-generated summary

Why It Matters

Local companies that grew up in Wonju are making additional investments in the Munmak Bangye General Industrial Complex to revitalize the local economy.

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Companies that grew in Wonju, Gangwon-do are investing back into the region to expand their businesses and create jobs.

On the 11th, Wonju City signed an investment agreement worth a total of 19.6 billion won with Danjoung Bio and Ewha P&C at the City Hall Investment Counseling Office.

Both companies are local companies that have grown with their headquarters and production facilities in Wonju.

With this agreement, additional production and research facilities will be built in the Munmak Bangye General Industrial Complex and the business area will be expanded.

The total investment is 19.6 billion won, and the number of new employees expected to be hired is 25.

Danjeong Bio, located in Hojeo-myeon, specializes in natural product-based cosmetics, food, and pharmaceutical raw materials.

It supplies raw materials to over 300 companies at home and abroad and has its own research and development system ranging from raw material standardization and extraction to efficacy evaluation.

Danjoung Bio plans to invest 10 billion won in an 8,204㎡ site in the Bangye Industrial Complex and hire 10 new people.

Establish research and production facilities and equipment to develop companion animal dementia diagnostic kits and functional feed additives.

Ewha P&C, located in Munmak-eup, is a cosmetics packaging company established in 1972.

It has an integrated production system from mold development to plastic injection molding, post-processing, printing, and assembly.

Ewha P&C plans to invest 9.6 billion won in a 7,524㎡ site in the Bangye Industrial Complex and hire 15 new people.

We plan to expand injection blow facilities to increase production capacity and respond to increasing market demand.

With this investment, Munmak Bangye General Industrial Complex achieved a 100% sales rate 13 years after its completion in 2013.

Wonju City sees the reinvestment of companies that have grown in the region as an example of a virtuous cycle that leads to corporate growth, employment expansion, and revitalization of the local economy.

Wonju Mayor Koo Ja-yeol said, “I will listen to the voices of the field and carefully provide the necessary support to ensure that reinvestment continues in companies that have grown in Wonju.”

What to Watch

AI outlook — possibilities, not facts

  • Munmak Bangye General Industrial Complex achieved 100% sales rate

    Very likely · Within days

Open Questions

  • When will the new facility be completed and operational?
  • Are there any plans for additional industrial complex expansion?

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This article was originally published by 연합뉴스.

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