# Geonhwa Valve to expand cast iron valve plant in Boryeong, South Korea with $10M

Chinese valve maker Geonhwa Valve signed an MOU with Chungnam province and Boryeong city to invest 10 million dollars in expanding its cast iron pipe valve factory in the KXD industrial complex by year-end, creating 50 jobs.

- Type: Expansion
- Announced: 2018-04-18
- Where: Boryeong, Chungcheongnam-do, South Korea
- Value: $10.0M
- Jobs: 50
- Status: announced
- Products: cast iron pipe valves, fittings
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Geonhwa Valve](https://endata.com/companies/3174.md)
- [Chungnam Province](https://endata.com/companies/3175.md) (partner)

## Sources

- [biz.heraldcorp.com](https://biz.heraldcorp.com/article/1648553), 2018-04-18: "건화밸브는 금년 말까지 보령시 주포농공단지 KXD사 내 9216㎡ 규모의 부지에 주철관 밸브 제조 공장을 증설한다."

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