# Bobaek C&S expands secondary battery insulation plant in Gumi, South Korea

Bobaek C&S held a ceremony for the expansion and relocation of its secondary battery insulation production plant in Gumi, South Korea. The company signed an MOU in April 2023 to invest 100 billion won and create 186 new jobs by 2026.

- Type: Expansion
- Announced: 2023-04-28
- Where: Gumi, South Korea, South Korea
- Value: $76.0M (100.0B KRW)
- Jobs: 186
- Starts operating: 2026
- Status: announced
- Products: secondary battery insulation materials, cell insulation
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Bobaek C&S](https://endata.com/companies/70029.md)

## Sources

- [m-i.kr](https://www.m-i.kr/news/articleViewAmp.html?idxno=1009275), 2023-04-29: "이번 공장 확장·이전은 세계 전기차 수요 증가에 대응하기 위한 중요한 시작이자 글로벌 공급망 구축을 위한 출발 이다"

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