# Shinheung Precision to build medical device plant in Yeongcheon, South Korea

Shinheung Precision signed an MOU with Yeongcheon City to invest 3 billion won by 2020 to build a medical device factory in Yeongcheon Economic Free Zone, creating 30 jobs.

- Type: New facility
- Announced: 2017-05-31
- Where: Yeongcheon, Gyeongsangbuk-do, South Korea
- Jobs: 30
- Starts operating: 2020
- Status: announced
- Products: trocar, drug infusion containers
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Shinheung Precision](https://endata.com/companies/24593.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20170531163200053), 2017-05-31: "사출금형 제조업체인 신흥정밀이 2020년까지 30억원을 들여 경북 영천경제자유구역에 의료기기 공장을 짓는다."

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