# Apro to invest KRW 20.2B in battery equipment production line expansion in Cheonan

Apro, a battery equipment maker, signed a land sale contract with Cheonan Techno Park for KRW 20.2 billion to expand its production site from 1,200 pyeong to 10,000 pyeong, enabling up to 25,000 pyeong of production facilities.

- Type: Expansion
- Announced: 2022-07-21
- Where: Cheonan, South Korea
- Value: $15.5M (20.2B KRW)
- Status: announced
- Capacity: 10,000 pyeong (approx. 33,058 m²) of production site
- Products: battery manufacturing equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Apro](https://endata.com/companies/64290.md)

## Sources

- [thelec.kr](https://www.thelec.kr/news/articleView.html?idxno=17517), 2022-07-21: "에이프로는 "최근 고객사가 집중하는 북미, 유럽 등의 수주 물량이 급격히 늘어나면서 국내 직접 생산 및 국내 선적 비중을 늘려야 하는 필요성이 커졌다"고 투자 배경을 밝혔다."

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