# Envioneer to expand Jecheon factory and build new carbon fiber composite facility

Envioneer will invest KRW 30 billion to expand its Jecheon factory and conduct R&D by 2024, and build a new factory for carbon fiber composite materials in Jecheon's 3rd industrial complex by 2026.

- Type: Expansion
- Announced: 2021-06-30
- Where: Jecheon, North Chungcheong Province, South Korea
- Value: $27.0M (30.0B KRW)
- Starts operating: 2026
- Status: announced
- Products: carbon fiber composite materials, filtration media
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Envioneer](https://endata.com/companies/56170.md)

## Sources

- [investkorea.org](https://www.investkorea.org/cb-en/bbs/i-1310/detail.do?ntt_sn=491149), 2021-07-01: "With an investment worth KRW 30 billion, it is to expand Jecheon factory and conduct research and development (R&D) by 2024; build production facilities for carbon fiber composite materials; and build a new factory in Jecheon's 3rd industrial complex by 2026."

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