PNT Co., Ltd. Completes Plant in Gumi, Advancing as a Total Solution Provider for Secondary Batteries

Investment of 150 Billion Won and Over 200 New Jobs Created
Foundation for Localization of LFP Cathode Active Materials
Strengthening the Competitiveness of Gumi’s Secondary Battery Industry

PNT Co., Ltd., a company specializing in secondary battery manufacturing equipment and headquartered in Gumi, North Gyeongsang Province, has completed the construction of its cathode active material and battery cell production plant at Gumi High-Tech Valley, taking a major step toward strengthening the competitiveness of the secondary battery material industry.

On June 24, Gumi City held a completion ceremony at PNT Co., Ltd. Plant 4, located in Gumi High-Tech Valley (5th National Industrial Complex).

Completion ceremony at PNT Co., Ltd. 4th Plant in Gumi High-Tech Valley (5th National Industrial Complex)
[Photo by Gumi City]

The event was attended by Yang Kumhee, Vice Governor for Economic Affairs of North Gyeongsang Province; Kim Jangho, Mayor of Gumi; Park Gyosang, Chairman of the Gumi City Council; as well as more than 100 company officials and guests who celebrated the completion of the plant.

Established in 2003, PNT Co., Ltd. has grown into a leading Korean secondary battery equipment company, recognized for its technology in the roll-to-roll process, a core technology for secondary battery electrode manufacturing.

After signing a memorandum of understanding (MOU) with North Gyeongsang Province and Gumi City in April last year, the company built its cathode active material and battery cell production plant on approximately 66,000 square meters (about 20,000 pyeong) of industrial land in Phase 1 of Gumi High-Tech Valley.

The investment reached 15 billion won, 1.5 times the initial plan, and the number of new hires expanded to over 200, four times the original target.

The completion of this plant marks a shift from a business structure focused on manufacturing equipment to becoming a total solution provider for secondary batteries, encompassing both material and cell production.

In particular, by establishing a production system for lithium iron phosphate (LFP) cathode active material for energy storage systems (ESS), the company is expected to contribute to stabilizing the battery material supply chain and promoting localization.

The new plant, equipped with advanced production facilities, will begin mass production of cathode active materials and battery cells, and plans to accelerate its global market entry by expanding research and development as well as production capacity.

CEO Kim Junseop of PNT Co., Ltd. stated, "Plant 4 is the only facility in Korea with a production system capable of manufacturing everything from cathode active materials to battery cells in a single plant. This will be a new turning point as we grow beyond a specialized equipment company into a total solution company for secondary batteries."

Gumi Mayor Kim Jangho said, "I congratulate PNT Co., Ltd. on its bold investment and the successful completion of its plant. I expect that this completion will serve as a crucial opportunity for Gumi to emerge as Korea’s leading city for the secondary battery material industry."

PNT Co., Ltd.’s large-scale investment and establishment of production facilities are expected to not only advance the industrial structure of the Gumi National Industrial Complex, but also create quality jobs and vitalize the local economy.

PNT’s expansion from an equipment company to producing materials and cells is drawing attention as a new growth driver for the secondary battery industry ecosystem in Gumi.

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