Jinju Knowledge Industry Center, Namyang Tech, etc.

Listening to Tenant Companies' Information Exchange Difficulties

The Economic and Welfare Committee of Jinju City Council in Gyeongnam announced on the 18th that, as part of the activities of the 247th Jinju City Council extraordinary session standing committee, they visited Jinju Knowledge Industry Center, Namyang Tech, and Cotton 88.


During the morning schedule at Jinju Knowledge Industry Center, the Economic and Welfare Committee members held a meeting to facilitate information exchange among resident companies and listen to their difficulties, followed by a tour of the resident companies’ offices and the toy bank facility.


Members of the Economic and Welfare Committee of Jinju City Council in Gyeongnam are visiting Namyang Tech to listen to their difficulties.

Members of the Economic and Welfare Committee of Jinju City Council in Gyeongnam are visiting Namyang Tech to listen to their difficulties.

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In the afternoon, they visited Namyang Tech Co., Ltd., where they heard about the successful startup and operational know-how as a local small and medium enterprise, along with the challenges faced in the regional industrial field. Namyang Tech mainly produces reducers, shock absorbers, and aircraft parts, recording annual sales of 2.2 billion KRW, making it a promising local company.


The committee members noted that due to the surge in aviation demand following the COVID-19 endemic, local aircraft parts manufacturers are expected to experience a boom, and they requested private sector cooperation for the progressive future planning of the regional industry. They also agreed to urge Jinju City to make preparatory efforts in advance for the establishment of the Aerospace Administration, which is likely to be located in Sacheon City.


The next visit was to Cotton 88 Co., Ltd., a company mainly producing towel embroidery products. The company developed a specialized brand called ‘Thedo Tom’ and won the ‘2022 Korea Customer Satisfaction Brand Award’ in the return gift category, achieving annual sales exceeding 10 billion KRW.


The Economic and Welfare Committee promised to take the lead in developing policies that can widely spread successful local cases through individual meetings with companies.



After the on-site visit, Chairman Yoon Seong-gwan said, “We will consult with Jinju City to provide support that companies can truly feel, and the council will also look into ways to offer concrete and practical assistance.”


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

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