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Jungwoo Hitech signed an investment agreement with Yeongcheon City to invest 15 billion won (approx. USD 10.4 million) to expand production facilities for seat frames and cowl crossbars at the Yeongcheon Geumho General Industrial Complex, creating about 50 new jobs.
“This agreement will serve as a stepping stone for Yeongcheon to leap forward as a hub for the automotive parts industry.”m.dk.breaknews.com
Summarized from public sources; check the original articles before acting on it.