# Samyang Foods breaks ground on $123 million ramyeon plant in Miryang, South Korea

Samyang Foods broke ground on the Miryang II plant in Miryang, South Gyeongsang, with an investment of 164.3 billion won ($123.1 million). The 34,576 m² factory will produce 560 million ramyeon products annually, with completion targeted for the first half of 2025.

- Type: New facility
- Announced: 2024-03-06
- Where: Miryang, South Gyeongsang, South Korea, South Korea
- Value: $123.1M (164.3B KRW)
- Starts operating: Q1 2025
- Status: under construction
- Capacity: 560 million ramyeon products annually
- Products: ramyeon noodles, Buldak Ramen

## Companies

- [Samyang Foods](https://endata.com/companies/13078.md)

## Sources

- [koreajoongangdaily.com](https://www.koreajoongangdaily.com/business/samyang-builds-new-123-million-factory-for-buldak-noodles/10003442), 2024-03-06: "We've chosen to set up the Miryang II plant to take a more proactive approach in tapping into export markets as we leap into becoming a global major food company."

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