# TS Automotive to invest KRW 35.2B in Gyeongju auto body parts plant expansion

TS Automotive signed an MOU with Gyeongbuk Province and Gyeongju City to invest KRW 35.2 billion to expand its auto body parts plant in Naengcheon-ri, Oedong-eup, Gyeongju, creating 15 new jobs. The expansion will produce body parts for Hyundai's electric vehicles, including Kona and Genesis EV, from 2026 to 2028.

- Type: Expansion
- Announced: 2026-01-29
- Where: Naengcheon-ri, Oedong-eup, Gyeongju, Gyeongsangbuk-do, South Korea
- Value: $26.0M (35.2B KRW)
- Jobs: 15
- Starts operating: 2028
- Status: announced
- Products: auto body parts, electric vehicle body parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [TS Automotive](https://endata.com/companies/89955.md)

## Sources

- [newspim.com](https://newspim.com/news/view/20260129001349), 2026-01-29: "이번 협약에 따라 ㈜티에스오토모티브는 2026년부터 2028년까지 총 352억 원을 투자해 경주시 외동읍 냉천리 일원에 자동차 차체 부품 생산공장을 증설하고, 15명의 신규 일자리를 창출할 계획이다."

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