# E.C.S. to invest KRW 60.9 billion in Saemangeum plant expansion

E.C.S., an electric vehicle parts manufacturer, signed an investment agreement to add a second factory building on its existing site in Saemangeum Industrial Complex, investing KRW 60.9 billion to produce eco-friendly high-efficiency motor controllers and autonomous driving control systems. The expansion is expected to create 160 jobs and be completed by June 2022.

- Type: Expansion
- Announced: 2022-01-07
- Where: Saemangeum Industrial Complex, Gunsan, North Jeolla, South Korea
- Value: $51.0M (60.9B KRW)
- Jobs: 160
- Starts operating: Jun 2022
- Status: announced
- Products: eco-friendly high-efficiency motor controllers, autonomous driving control systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [E.C.S.](https://endata.com/companies/60181.md)

## Sources

- [yna.co.kr](https://www.yna.co.kr/view/AKR20220107066600055), 2022-01-07: "이씨스는 기존 부지(9천여㎡)에 공장 1동(2층)을 증설해 전기차 핵심부품인 친환경 고효율 모터 제어기 및 자율주행 제어시스템 등 기술 고도화 전장 제품을 생산할 계획이다."

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