Ostem Implant Participates in Reception in New Jersey, USA... "Full Effort to Expand Local Market Share"

Osstem Implant announced on the 24th that it attended a business reception jointly hosted by the Korea Association of Medium & Large Business and the New Jersey Economic Development Authority on the 19th.

Ostem Implant announced on the 24th that it attended a business reception jointly hosted by the Korea Federation of Medium-Sized Enterprises and the New Jersey Economic Development Authority on the 19th. Participants at the reception are taking a commemorative photo.
[Photo by Ostem Implant]

The Korea Association of Medium & Large Business invited executives of medium-sized enterprises operating businesses in New Jersey or expecting to expand their business into the U.S. East Coast region to the event. Key figures attending the business reception included Phil Murphy, Governor of New Jersey, Wesley Mathews, Director of the New Jersey Economic Development Authority, Tim Sullivan, Director of the Economic Development Agency, and Congresswoman Ellen Park.

Governor Phil Murphy and the New Jersey Economic Development Authority introduced New Jersey’s infrastructure and representative Korean medium-sized enterprises that have entered New Jersey, expressing expectations for corporate growth and strengthened economic cooperation between the two countries.

Shin Dong-sung, Executive Director of Osstem Implant who attended the event, said, "Since receiving an excellence award from U.S. President Joe Biden last June, all employees of the U.S. corporation have been making every effort to expand market share in the U.S. Currently, the U.S. corporation, with its headquarters and production facilities located in New Jersey and Philadelphia respectively, has an average growth rate of 26.9% over the past five years, and the need to establish additional business sites including in New Jersey is emerging."

Osstem Implant’s U.S. corporation operates sales subsidiaries in the East, Central, and West regions of the U.S. in addition to its headquarters (HQ), managing a total of 83 sales branches nationwide. The U.S. corporation expects its number of employees to increase to 582 by the end of this year.

Osstem Implant was the first domestic dental company to enter the U.S. market in 2006. Having firmly established its position in the U.S. market over 17 years, Osstem Implant plans to hold the global dental academic symposium "Osstem World Meeting" in East Rutherford, New Jersey, or Manhattan, New York, in 2025.

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