# Ray Materials to invest 26.1B won in plant expansion in Gimje, South Korea

Ray Materials, an eyeglass lens manufacturer, will invest 26.1 billion won by 2023 to build an additional factory on 28,471 m² in Gimje's Jipyungseon Industrial Complex, creating about 140 jobs.

- Type: Expansion
- Announced: 2020-11-17
- Where: Gimje, Jipyungseon Industrial Complex, South Korea
- Value: $23.5M (26.1B KRW)
- Jobs: 140
- Starts operating: 2023
- Status: announced
- Products: anti-fog coated safety glasses, leisure goggles, automotive glass
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Ray Materials](https://endata.com/companies/51261.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20201117069100055), 2020-11-17: "레이머티리얼즈는 2023년까지 261억원을 들여 김제 지평선 산업단지 2만8천471㎡ 부지에 추가로 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.