# Park Systems breaks ground on new Gwacheon headquarters and plans Yongin facility

Park Systems broke ground on its new Gwacheon headquarters on September 15, 2023, with a KRW 64.2 billion investment, expected completion by 2026. It also secured a factory allocation in the Yongin Semiconductor Cluster for a manufacturing center planned by 2027.

- Type: Expansion
- Announced: 2023-09-19
- Where: Gwacheon and Yongin, South Korea, South Korea
- Value: $48.0M (64.2B KRW)
- Starts operating: 2026
- Status: under construction
- Products: atomic force microscopy (AFM) and nano-metrology solutions
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Park Systems](https://endata.com/companies/24100.md)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/park-systems-celebrates-groundbreaking-expansion-to-gwacheon-and-yongin-301930294.html), 2023-09-19: "The company broke ground on its new Gwacheon headquarters on September 15, 2023"

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