(English) Hanon Systems to Launch New Manufacturing Site in Korea

SEOUL, March 1, 2021 /PRNewswire/ — Global automotive supplier Hanon Systems (KS: 018880) today announced it began construction on its fifth plant in Korea.

The new plant, located in Naengcheon-ri, Oedong-eup, Gyeongju-si, will be built on a site that offers approximately 33,000 square meters (approximately 335,000 square feet) of land. Construction of the Gyeongju facility is expected to be complete in the second quarter of 2021 with production expected to begin in the third…