# Namyang Nonwoven to invest $5.5M in filter fabric plant expansion in Jeongeup, South Korea

Namyang Nonwoven Co. signed an agreement to invest 7.2 billion won (approx. $5.5M) to expand its existing factory in Jeongeup's 3rd General Industrial Complex, adding 3,053.9 m² of production space and creating 13 new jobs. Construction starts April 2026 with completion targeted for March 2029.

- Type: Expansion
- Announced: 2026-03-25
- Where: Jeongeup, 3rd General Industrial Complex, North Jeolla Province, South Korea
- Value: $5.50M (7.20B KRW)
- Jobs: 13
- Starts operating: Mar 2029
- Status: announced
- Capacity: 3,053.9 m² of production space
- Products: filter nonwoven fabric
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Namyang Nonwoven](https://endata.com/companies/80486.md)

## Sources

- [klan.kr](http://www.klan.kr/news_gisa/gisa_view.htm?date_m=3&date_y=2026&gisa_category=10050000&gisa_idx=274254), 2026-03-26: "정읍시가 지난 25일 시청에서 제 3일반산업단지 입주 기업인 남양부직포㈜(대표 채헌병)와 72억원 규모의 공장 증설 투자협약을 체결하며 지역 경제 활성화와 일자리 창출에 나섰다."

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