Changwon Special City Signs 9.1 Billion KRW Investment Agreement with TMC Tech

Expansion and Equipment Investment Progress at Workplaces in Changwon National Industrial Complex

On the 2nd, Changwon Special City in Gyeongnam signed an investment agreement with TMC Tech in the reception room for an investment amount of 9.1 billion KRW and the creation of 30 new jobs.

Six officials attended the agreement ceremony, including Jang Geum-yong, the 1st Vice Mayor of Changwon Special City, and Choi Woon-tae, CEO of TMC Tech.

Changwon Special City Signs Investment Agreement Worth 9.1 Billion KRW with TMC Tech.

Through this agreement, the company promised active investment implementation and job creation, while Changwon City pledged proactive administrative support necessary for realizing corporate investment.

TMC Tech started in 2012 in Changwon as a manufacturer of aircraft parts and has steadily expanded its business to include the production of eco-friendly carbon-neutral equipment.

In particular, according to plans to expand production of eco-friendly vehicle (hybrid, electric vehicle) parts and eco-friendly equipment such as chip compressors, the company decided to invest 9.1 billion KRW by 2025 to expand factories and facilities at its existing site in the Changwon National Industrial Complex and to hire about 30 new employees.

Vice Mayor Jang said, “Corporate investment plays an important role in revitalizing the local economy, including the creation of quality jobs,” and added, “We appreciate TMC Tech’s decision to expand investment. We will actively provide administrative support to ensure the smooth implementation of corporate investment.”

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