World's No.1 Semiconductor Vacuum Pump Manufacturer Establishes Base in Asan, Chungnam
[Asia Economy (Hongseong) Reporter Jeong Il-woong] The British company Edward has established its base in Asan, Chungnam.
On the 24th, Chungnam Province announced that the Edward Korea Asan Tangjeong factory completion ceremony was held the day before in the foreign investment zone of the Asan Tangjeong General Industrial Complex.
Edward is recognized as the world's number one company in the semiconductor vacuum pump production sector. The Asan Tangjeong factory was completed following an investment attraction agreement worth 60 million dollars signed last June between the British Edward headquarters and the province.
The Asan Tangjeong factory was built on a 33,362㎡ site within the Tangjeong General Industrial Complex foreign investment zone, and it is reported to be equipped with over 80 advanced facilities for product manufacturing.
The main products are vacuum pumps for semiconductor manufacturing processes and integrated systems, and the new employment expected due to the factory completion is approximately 150 people.
Edward plans to strengthen the supply system of vacuum pumps for semiconductors centered on the Tangjeong factory in line with the rapid growth of the semiconductor market.
Previously, the company designated Korea as its international production base for vacuum pumps in 2011 and has continued investing in Cheonan, Chungnam.
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Yang Seung-jo, Governor of Chungnam Province, said, “In line with the global trend of the semiconductor industry's boom, we will spare no support so that Edward can grow and develop into a larger company together with Chungnam.”
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