# Korea Seal Line plans metal bellows seal plant in Ulsan

Korea Seal Line and Ulsan City signed an investment memorandum of understanding for a new metal bellows seal factory in the GW General Industrial Complex in Ulju-gun. The 7.8 billion KRW project is scheduled to begin construction in February 2023 and finish in October.

- Type: New facility
- Announced: 2022-09-02
- Where: Ulju-gun, Ulsan, South Korea
- Value: $5.60M (7.80B KRW)
- Status: announced
- Products: metal bellows seals
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Korea Seal Line](https://endata.com/companies/9656.md)
- [Ulsan City](https://endata.com/companies/9657.md) (partner)

## Sources

- [asiae.co.kr](https://www.asiae.co.kr/en/article/2022090315314928686), 2022-09-03: "The total project cost is 7.8 billion KRW."
- [mtnews.net](https://www.mtnews.net/news/articleView.html?idxno=14364), 2022-09-04: "코리아씰라인㈜은 지난 2일 울산시와 ‘메탈 벨로우즈 씰 생산 공장’ 신설에 관한 투자양해각서를 체결했다."

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