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South Korea-based precision tooling company YG-1 will invest $150 million in Karnataka, India, including a new R&D centre and a Korean language training centre. The company already operates a manufacturing facility in Tumakuru.
Korean machine tool manufacturer YG-1 plans to build a new European development and manufacturing center in Oberkochen, Germany, potentially creating up to 1,000 jobs. The announcement was made by the Baden-Württemberg Ministry of Economic Affairs on September 28, 2017.
| Site | Largest | Latest |
|---|---|---|
| Karnataka, India | $150.0M | 2024-07-03 |
| Oberkochen, Germany | 2017-09-28 |