# Jusung Engineering invests 36.3 billion KRW in new factory at Gwangju headquarters

Jusung Engineering, a semiconductor, display and solar equipment maker, announced a 36.3 billion KRW investment to build a new factory at its Gwangju headquarters to expand production capacity. The investment period runs from April 28, 2021 to July 31, 2022.

- Type: Expansion
- Announced: 2021-04-28
- Where: Gwangju, Gyeonggi-do, South Korea
- Value: $32.4M (36.3B KRW)
- Starts operating: 31 Jul 2022
- Status: announced
- Products: semiconductor manufacturing equipment, display manufacturing equipment, solar manufacturing equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Jusung Engineering](https://endata.com/companies/17901.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2021042814522403849), 2021-04-28: "The main purpose of the new facility investment is to expand production capacity and improve production efficiency for mid- to long-term growth"

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