# Genewel to build new medical device plant in Wonju, South Korea

Genewel, a subsidiary of Dongsung Chemical, signed an MOU with Gangwon Province and Wonju City to build a new factory in Wonju Business City with an investment of 40.8 billion won by 2026, creating about 50 new jobs.

- Type: New facility
- Announced: 2024-06-20
- Where: Wonju, Gangwon Province, South Korea
- Value: $29.5M (40.8B KRW)
- Jobs: 50
- Starts operating: 2026
- Status: announced
- Products: wound dressings (Medifoam), anti-adhesion agents (Guardix), pain reduction drug delivery kits (Wellpass)
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Genewel](https://endata.com/companies/78162.md)
- [Dongsung Chemical](https://endata.com/companies/78163.md) (partner)

## Sources

- [mk.co.kr](https://www.mk.co.kr/news/business/11047054), 2024-06-20: "제네웰은 2026년까지 408억원을 투입해 원주기업도시 용지에 연면적 8644㎡ 규모 새 공장을 건립하고 기존 공장을 이전한다."

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