Eden Sojae Co., Ltd. Additional Investment in Iksan 4th General Industrial Complex
Signing of City Hall Branch Sales Contract, 3.5 Billion KRW Investment, Creation of 22 Jobs
[Asia Economy Honam Reporting Headquarters Reporter Hong Jaehee] Eden Material Co., Ltd., a company specializing in non-combustible fiber insulation materials, has decided to make an additional investment in the Jeonbuk Iksan 4th General Industrial Complex.
On the 17th, according to the city, a sales contract for investment in the Iksan 4th General Industrial Complex was signed at City Hall with the attendance of Eden Material Co., Ltd. CEO Kim Youngdong and Vice Mayor Yoo Heesook.
According to the additional sales contract signed on this day, Eden Material Co., Ltd. plans to invest 3.5 billion KRW in a 7,950㎡ site in the Iksan 4th General Industrial Complex within this year and gradually employ 22 workers.
Established in 2011, Eden Material Co., Ltd. relocated from Wanggung to the Iksan 3rd Industrial Complex in 2016 and has steadily expanded its business, continuously growing every year, including the decision for this additional investment in the 4th Industrial Complex.
Since 2018, the company has recorded sales exceeding 10 billion KRW, solidifying its position as a specialized manufacturer of fire door insulation materials.
Through this additional investment in the 4th Industrial Complex, the company plans to lead the industry not only in fiber insulation materials but also in the assembly production of fire door semi-finished products and related testing and certification fields.
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Vice Mayor Yoo Heesook said, “We sincerely thank you for boldly deciding to make an additional investment in Iksan City during these difficult times,” and added, “We will strengthen administrative and financial support so that the company can grow as a representative enterprise of our city, while making every effort to expand industrial infrastructure and resolve corporate difficulties.”
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