Iksan City, Ssangbangwool Co., Ltd. and Namyoung Vivian Co., Ltd. Open the Way for Mask Production
[Asia Economy Honam Reporting Headquarters Reporter Gominhyeong] Iksan City announced on the 2nd that it signed a business agreement at City Hall for the development and promotion of the global convergence textile industry, attended by Ssangbangwool Group Vice Chairman Ku Ja-kwon, Ssangbangwool Co., Ltd. CEO Kim Se-ho, Namyoung Vivian Co., Ltd. CEO Lee Gyu-hwa, Vice Mayor Yoo Hee-sook, and Kim Nam-young, Director of the ECO Convergence Textile Research Institute.
On this occasion, Ssangbangwool Co., Ltd. and its affiliate Namyoung Vivian Co., Ltd. plan to utilize the idle space of the Ssangbangwool factory in the Iksan National Industrial Complex to introduce 25 units of 3D·2D mask equipment and 5 units of dental mask equipment, and newly employ about 150 workers.
Ssangbangwool was a key player in leading the economic revival of Iksan in the 1970s and 1980s, and in line with the post-COVID-19 era, it plans to start full-scale operation from mid-June and focus on delivering ordered quantities by the end of the year.
To quickly respond to the changed market environment and efficiently enter the protective and hygiene products market with expanding related demand, the company has entered the mask business, with the primary goal of supplying more than 400 million masks annually.
Once this investment stabilizes, it is expected to greatly contribute to job creation and revitalization of the local economy by newly expanding facilities in the future.
Iksan City plans to provide administrative support for employment and job creation, and the ECO Convergence Textile Research Institute, which has led the development of global convergence textile technology companies, agreed to actively cooperate in joint technology development and utilization of existing equipment for textile, fashion, and mask businesses.
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Vice Mayor Yoo Hee-sook expressed gratitude, saying, “I hope to achieve a second revival in Iksan, which is like my hometown, through entering the mask business, an essential hygiene product due to the COVID-19 crisis,” and added, “We will do our best to provide administrative and financial support so that there are no difficulties in promoting the business.”
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