GMB Korea Changwon Plant Technology Research Center Opening Ceremony Held
On the 15th, Changwon Special City in Gyeongnam announced that GMB Korea has opened a technology research institute at its Plant 1 located in the Changwon National Industrial Complex to foster growth in the eco-friendly automotive parts business.
The opening ceremony was attended by over 100 key figures including Lee Yujeong, head of Changwon City's Investment Attraction Team, officials from Gyeongsangnam-do, representatives from the Japanese headquarters, customers, partners, and related organizations. The event included a progress report, presentation of appreciation plaques to contributors, and a tour of the testing facilities.
GMB Korea is a foreign-invested company producing precision automotive parts and eco-friendly vehicle (electric and hydrogen) components. Headquartered in Japan, it established 'Korea GMB Industry' in 1979 within the Changwon National Industrial Complex and has been operating there since.
In 2021, the company signed an investment agreement with Changwon City and is carrying out an investment project involving approximately 60.8 billion KRW over five years until 2025. This includes establishing the technology research institute, expanding the electrification product production line, and directly employing 57 people.
The technology research institute was established to undertake new business in the electric and hydrogen vehicle parts sector in response to the expanding eco-friendly automotive market. Based on the newly established production line, the share of electric and hydrogen vehicle parts is expected to increase to more than 50% of total production in the future.
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Lee Yujeong, head of the Investment Attraction Team, said, “Having solidified its foundation in Changwon for over 40 years, we hope GMB Korea will continue to firmly establish itself as a central company in Changwon’s automotive industry. The city will also spare no administrative support to help the company grow.”
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