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BMT held a groundbreaking ceremony for a new plant in Gijang-gun, Busan, with construction investment of about KRW 34 billion and annual production capacity rising from KRW 150 billion to KRW 300 billion. Completion is planned for March 2023.
Valve maker BMT signed an investment MOU with Busan city to move its headquarters and production plant from Yangsan to the Gijang Advanced Materials Industrial Complex. The KRW 39.5 billion project on a 47,933 square meter site is due by 2023 and will create at least 50 new jobs.
Korean valve maker BMT says its semiconductor-grade premium valves are being tested at Samsung Electronics and SK Hynix, and it expanded its factory last year to prepare for orders.