# Meta Biomed to build new plant in Osong, South Korea

Meta Biomed has decided to invest 10 billion KRW to build a new plant on idle land at its headquarters in Osong-eup, Cheongju, South Korea. Construction is expected from June 1 to December 30, 2022.

- Type: New facility
- Announced: 2022-05-27
- Where: Osong-eup, Cheongju, Chungcheongbuk-do, South Korea
- Value: $8.00M (10.0B KRW)
- Starts operating: 30 Dec 2022
- Status: announced
- Products: medical materials
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Meta Biomed](https://endata.com/companies/63109.md)

## Sources

- [pharmnews.com](https://www.pharmnews.com/news/articleView.html?idxno=204618), 2022-05-27: "메타바이오메드는 생산 capa 증대를 위한 신공장 건립을 위해 100억원 규모를 투자키로 27일 이사회에서 결의했다고 공시했다."

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