# BMT to relocate headquarters and valve plant to Busan with KRW 39.5 billion investment

Valve maker BMT signed an investment MOU with Busan city to move its headquarters and production plant from Yangsan to the Gijang Advanced Materials Industrial Complex. The KRW 39.5 billion project on a 47,933 square meter site is due by 2023 and will create at least 50 new jobs.

- Type: New facility
- Announced: 2020-04-14
- Where: Gijang-gun, Busan, South Korea
- Value: $32.6M (39.5B KRW)
- Jobs: 50
- Status: announced
- Products: industrial valves, fittings, semiconductor gas valves, LNG cryogenic valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [BMT](https://endata.com/companies/2923.md)

## Sources

- [fnnews.com](https://www.fnnews.com/news/202004140936339075), 2020-04-14: "비엠티는 이번 협약을 통해 양산에 있는 본사와 생산공장을 부산 기장군 신소재산업단지 내로 옮길 예정이다."

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