# Plaspo and Juwang Industry to build manufacturing plants in Saemangeum

Plaspo and Juwang Industry signed investment agreements to build manufacturing plants in the Saemangeum Industrial Complex, South Korea, with a total investment of 19.4 billion won. Plaspo will invest 11.1 billion won in a power conversion equipment plant, and Juwang Industry will build a switchboard plant. The projects are expected to create about 60 new jobs.

- Type: New facility
- Announced: 2020-06-30
- Where: Saemangeum Industrial Complex, Jeollabuk-do, South Korea
- Jobs: 60
- Status: announced
- Products: power conversion equipment (ESS, PCS, solar inverters), switchboards
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Plaspo](https://endata.com/companies/48238.md)
- [Juwang Industry](https://endata.com/companies/48239.md)

## Sources

- [mtnews.net](https://www.mtnews.net/news/articleView.html?idxno=8684), 2020-06-30: "이 2개 기업은 재생에너지와 밀접한 전기·전력 관련 제품을 제조하는 기업으로 새만금 재생에너지 클러스터와 시너지 효과가 기대된다."

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