# Snookon to invest 37 billion won in two new implant factories in Daegu

Snookon signed an investment agreement with Daegu City to invest 37 billion won in the Seongseo Industrial Complex to build two new factories. The second plant (15 billion won) will be completed by end of July 2025, and a third plant (22 billion won) will be built on an adjacent site.

- Type: New facility
- Announced: 2025-07-10
- Where: Seongseo Industrial Complex, Dalseo-gu, Daegu, South Korea
- Value: $28.0M (37.0B KRW)
- Starts operating: Jul 2025
- Status: under construction
- Products: dental implants
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Snookon](https://endata.com/companies/85922.md)

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/society/11364987), 2025-07-10: "Snookon, a small company in the implant sector, will invest 37 billion won in the Seongseo Industrial Complex in Dalseo-gu, Daegu to build two new factories."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.