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Namyang Nonwoven Co. signed an agreement to invest 7.2 billion won (approx. $5.5M) to expand its existing factory in Jeongeup's 3rd General Industrial Complex, adding 3,053.9 m² of production space and creating 13 new jobs. Construction starts April 2026 with completion targeted for March 2029.
Newrizon has signed a contract to acquire the nano business division of Namyang Nonwoven, gaining 100nm-level electrospinning technology and related equipment to expand high-performance filter material production.
| Site | Largest | Latest |
|---|---|---|
| Jeongeup, South Korea | $5.50M | 2026-03-25 |