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KAI to invest ₩68.7B in new factory in Goseong, South Korea · Endata

◂ Announcements

May 13, 2019NEW FACILITYGoseong, South Gyeongsang Province, South Korea

KAI to invest ₩68.7B in new factory in Goseong, South Korea

Korea Aerospace Industries (KAI) announced a ₩68.7 billion investment to build a new factory in Goseong, South Korea, to enhance civil business competitiveness. The investment period runs until December 2020.

Value

$58.0M (68.7B KRW)

Starts operating

2020

Status

Announced

Productsaerospace components

CompaniesKorea Aerospace Industries

Sectors#Aerospace Components

“한국항공우주산업은 경남 고성 공장 신축에 687억원을 투자하기로 결정했다고 13일 공시했다.”yna.co.kr

1 source
yna.co.kr한국항공우주산업, 고성 공장 신축에 687억원 투자 | 연합뉴스May 13, 2019

Summarized from public sources; check the original articles before acting on it.

More from Korea Aerospace Industries

Jun 4, 2019CONTRACTSouth Korea$523.0M
KAI wins $523M order to supply wing parts for Gulfstream G280
Korea Aerospace Industries Israel Aerospace Industries customer en.yna.co.kr
May 27, 2019CONTRACTThailand$50.6M
KAI wins KRW 60B contract to upgrade Thai Air Force T-50TH trainer jets
Korea Aerospace Industries supplier Royal Thai Air Force customer pulse.mk.co.kr
Nov 5, 2018CONTRACTSouth Korea$229.0M
KAI signs 257.1B KRW contract with Triumph Aerostructures for Boeing 767 structures
Korea Aerospace Industries supplier Triumph Aerostructures customer kmib.co.kr
Oct 12, 2018CONTRACTSouth Korea$465.0M
Korea Aerospace Industries signs ₩525.6B B737 empennage supply contract with Boeing
Korea Aerospace Industries Boeing customer asiae.co.kr
Jun 8, 2018CONTRACTUnited States$108.0M
KAI wins $108M parts order from Triumph Aerostructure for B767
Korea Aerospace Industries Triumph Aerostructure customer en.yna.co.kr
Apr 23, 2018CONTRACTSouth Korea
Meggitt secures contract for KF-X fighter braking system
Meggitt Korea Aerospace Industries customer meggitt.com

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