# Geum-a Hydpower to build new defense parts plant in Changwon, South Korea

Geum-a Hydpower will build a new plant for key defense parts within the Changwon National Industrial Complex with an investment of 90 billion won, hiring 120 new employees.

- Type: New facility
- Announced: 2026-08-31
- Where: Changwon, Gyeongsangnam-do, South Korea
- Value: $64.8M (90.0B KRW)
- Jobs: 120
- Status: announced
- Products: hydraulic equipment, defense parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Geum-a Hydpower](https://endata.com/companies/93664.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2026083116173928080), 2026-08-31: "A meaningful investment is expected in Changwon, Gyeongsangnam-do to create more jobs."

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