# Eoflow invests KRW 10.85 billion in Gonjiam plant expansion and automation

Eoflow announced a facility investment of KRW 10.85 billion for expansion and renovation of its Gonjiam plant and construction of an automated production line for Eopatch wearable insulin pumps. The project is expected to be completed by December 2022.

- Type: Expansion
- Announced: 2022-05-30
- Where: Gonjiam, Gwangju, Gyeonggi Province, South Korea
- Value: $8.70M (10.8B KRW)
- Starts operating: Dec 2022
- Status: announced
- Products: wearable insulin pump (Eopatch)
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [EOFlow](https://endata.com/companies/55385.md)

## Sources

- [pharmnews.com](https://www.pharmnews.com/news/articleView.html?idxno=204795), 2022-05-31: "곤지암 신공장은 우리 회사의 새로운 원동력이 될 것이며, 이를 통해 글로벌 웨어러블 인슐린 펌프 전문기업으로 한 걸음 더 나아가게 될 것"

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