Dongwon F&B Invests 165 Billion KRW in Production Facilities to Expand Dairy Beverages and Chilled Foods

by Cho Seongpill

Published 30 Dec.2024 16:31(KST)

Dongwon F&B announced on the 30th that it will make a new production facility investment worth 165 billion KRW to expand its dairy beverage and chilled food business.

Dongwon F&B Invests 165 Billion KRW in Production Facilities to Expand Dairy Beverages and Chilled Foods

Dongwon F&B will invest 110 billion KRW in the chilled food business by January 31, 2026. The remaining 55 billion KRW will be invested in dairy beverages by April 30, 2026.

The company explained that this investment is to establish new production facilities on land near the currently operating Jincheon plant and to increase production equipment at the beverage factory.

A Dongwon F&B representative stated, "We will strengthen and advance our production capabilities across various product categories, including refrigerated and frozen foods as well as dairy and beverages."