# Paratech invests 10.2 billion won in Seosan fire-products smart factory

Paratech decided to invest 10.2 billion won in a new facility in Seosan, South Chungcheong, adding a building and moving equipment and R&D from its Bucheon plant to build a smart factory.

- Type: New facility
- Announced: 2022-01-10
- Where: Seosan, South Chungcheong, South Korea
- Value: $8.60M (10.2B KRW)
- Status: announced
- Products: sprinkler heads, fire suppression systems

## Companies

- [Paratech](https://endata.com/companies/8774.md)

## Sources

- [mt.co.kr](https://www.mt.co.kr/stock/2022/01/10/2022011008403210874), 2022-01-09: "파라텍은 충청남도 서산시 수석동에 102억원 규모의 신규 시설 투자를 결정했다고 10일 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.