Geochang-gun, Geumgang Engineering, and A-One Elevator Sign 4 Billion KRW Investment Agreement

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] On the 18th, Geochang-gun, Gyeongnam announced that on the 17th, it signed an investment agreement worth 4 billion KRW with two elevator companies, Geumgang Engineering and A-One Elevator, at the county office situation room.

The signing ceremony was attended by County Governor Goo In-mo and 12 stakeholders from industry, academia, and research related to elevators in Geochang-gun. Geumgang Engineering is a promising company with various technology developments, patents, and certifications such as seismic design elevators, belt-type hoists, and elevator door safety devices. It plans to invest 2 billion KRW by 2023 and employ more than 10 people to manufacture finished elevators.

A-One Elevator is a company possessing technologies in elevator design, parking control systems, wheelchair lift design, and elevator shaft architectural design. It plans to invest 2 billion KRW by 2024 and employ more than 10 people to expand its business from elevator-related design to finished elevator manufacturing and maintenance.

Governor Goo In-mo said in his greeting, "I hope that these two companies realize their grand dreams in the Geochang Elevator Valley and grow into world-class elevator companies. We will do our best to support the successful settlement of these companies."

Meanwhile, since Governor Goo In-mo’s inauguration, despite the difficult conditions due to COVID-19, remarkable achievements have been made in industrial development by signing investment agreements with 15 companies totaling 57.7 billion KRW in investment and 271 jobs.

This content was produced with the assistance of AI translation services.