# GH Advanced Materials to invest 90 billion won in facility expansion

GH Advanced Materials (GH신소재) plans to invest approximately 90 billion won in facility investments in 2017, including 2 billion won for a new line at its Indian subsidiary in the first half and 3 billion won for expansion of its Gumi plant in the second half.

- Type: Investment
- Announced: 2017-02-08
- Where: Gumi, South Korea, South Korea
- Value: $79.0M (90.0B KRW)
- Status: announced
- Capacity: 4958 square meters (Gumi expansion)
- Products: high-grade nonwoven fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [GH Advanced Materials](https://endata.com/companies/22058.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/article/2017020808374596727), 2017-02-08: "GH신소재가 올해 90억원 가량의 시설투자에 나선다."

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