# Yurim Tech to invest 120 billion won in new factory in Daegu

Yurim Tech, an eco-friendly auto parts manufacturer, will invest 120 billion won to build a manufacturing plant on a 42,703㎡ site in the Daegu National Industrial Complex. Construction will begin in September 2024 and is expected to be completed in June 2025.

- Type: New facility
- Announced: 2024-05-22
- Where: Daegu National Industrial Complex, Daegu, South Korea
- Value: $88.0M (120.0B KRW)
- Starts operating: Jun 2025
- Status: announced
- Products: driving motors, vehicle integrated controller-related parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Yurim Tech](https://endata.com/companies/77578.md)

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/society/11021942), 2024-05-22: "We will help Daegu City become the best future mobility city in the country through this investment."

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