Jeil M&S

Jeil M&S (formerly Jeil Machinery) held a completion ceremony for its new Gimhae plant in Hallym-myeon, Gimhae, South Gyeongsang Province, South Korea. The plant, with an investment of KRW 15 billion (about USD 11.5 million), will produce battery mixing equipment. The company expects sales to more than double from KRW 82.5 billion in 2021 to around KRW 170 billion from next year.