On the 15th, Yeongju City in Gyeongbuk signed a memorandum of understanding for investment to establish a Ugeoji manufacturing plant with CNF (fourth from the left, Mayor Jang Wook-hyun; fifth, CEO Lee Yong-duk).

On the 15th, Yeongju City in Gyeongbuk signed a memorandum of understanding for investment to establish a Ugeoji manufacturing plant with CNF (fourth from the left, Mayor Jang Wook-hyun; fifth, CEO Lee Yong-duk).

View original image

[Asia Economy Yeongnam Reporting Headquarters, Intern Reporter Lee Seryeong] Yeongju City, Gyeongbuk, signed a Memorandum of Understanding (MOU) on the 15th with the agricultural corporation CNF to establish a frozen Ugeoji manufacturing plant.


CNF is a specialized company in pickled napa cabbage manufacturing headquartered in the Munsu Rural Industrial Complex. Both its workplace and manufacturing facilities have received HACCP (Hazard Analysis and Critical Control Points) certification, and it has maintained business relationships for years with major companies such as Daesang Jongga Jip and CJ.


Having achieved sales of 6.9 billion KRW this year, CNF plans to commercialize frozen Ugeoji using by-products from pickled napa cabbage next year to create new added value.


It is expected to reduce the cost of disposing of high-quality napa cabbage by-products generated during the pickled napa cabbage production stage and contribute to the development of the health food industry.


CEO Lee Yongdeok stated, “We will invest 3.2 billion KRW by 2025 to complete the establishment of the Ugeoji factory and the construction of a small packaging line, responding to the growth of the home meal replacement market.”



Mayor Jang Wookhyun said, “Ugeoji produced in the clean area of Yeongju will have sufficient competitiveness in the rapidly growing health food market,” adding, “We will actively support the successful realization of this investment.”


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing