# KCC to invest 100 billion KRW in Gimcheon plant expansion

KCC will invest over 100 billion KRW to expand its Gimcheon plant by building a second glass wool production line, covering about 3,600 pyeong, expected to create 140 jobs and be completed by the second half of 2023.

- Type: Expansion
- Announced: 2023-05-23
- Where: Gimcheon, South Korea, South Korea
- Jobs: 140
- Starts operating: Q3 2023
- Status: announced
- Capacity: second glass wool production plant
- Products: glass wool
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [KCC](https://endata.com/companies/22942.md)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2023052318371717268), 2023-05-23: "KCC plans to invest over 100 billion KRW in available land to expand the factory, which is expected to create 140 direct and indirect jobs."

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