HuonsN Completes Expansion of Chuncheon Geodu Plant... Invests 6.3 Billion Won to Boost Production Capacity

Investment Agreement Between Chuncheon City and HuonsN Leads to Completion of Geodu Plant Expansion
Plant Expansion and Facility Upgrades Follow Investment Deal
Production Base Strengthened for Probiotics and Red Ginseng Functional Ingredients
Reinvestment Success by Tenant Company... Expected to Enhance Industrial Complex Competitiveness

HuonsN, a company specializing in health functional foods, has completed the expansion of its plant at the Geodusan Industrial Complex in Chuncheon, strengthening its production base. This achievement comes about a year after the company signed an investment agreement with Chuncheon City last year, and is expected to contribute to job creation in the region as well as to enhancing the competitiveness of the industrial complex.

Yook Donghan, mayor of Chuncheon, is giving a congratulatory speech at the expansion completion ceremony at Huons Chuncheon Plant located in Geodusan Industrial Complex, Dongsnae-myeon, on the 9th. Photo by Chuncheon City

Chuncheon City, Gangwon Province, held a completion ceremony on July 9 at the HuonsN Chuncheon Plant located in the Geodusan Industrial Complex, Dongnae-myeon. The event was attended by Mayor Yook Donghan, Chairman Yoon Sungtae, CEO Sohn Dongchul, company officials, and other participants, who celebrated the completion and discussed ways for cooperation between the business and the local community.

After signing an investment agreement with Chuncheon City in June last year to expand the plant and production facilities, HuonsN invested a total of 6.3 billion won in the expansion project. With this expansion, the total floor area of the plant increased by 1,250 square meters to 4,685 square meters, and production facilities for functional ingredients based on probiotics and red ginseng were significantly enhanced.

As a result, not only is the production capacity expected to improve, but some new jobs have also been created, which is anticipated to have a positive impact on local job creation.

Since 2006, HuonsN has been operating its plant in Chuncheon as a company specializing in health functional foods, producing ginseng and red ginseng products and functional ingredients, while continuously investing in research and development and facility upgrades.

Chuncheon City evaluated the completion of this expansion as a meaningful case in which reinvestment by an existing tenant company has actually led to the expansion of production facilities. The city plans to continue creating a business-friendly environment by providing investment subsidies, customized administrative services for companies, and one-stop investment support.

Mayor Yook Donghan stated, "This investment by HuonsN is a meaningful achievement that has contributed both to the company's growth and the revitalization of the local economy," adding, "We will continue to foster an environment where companies can invest with confidence, creating quality jobs and invigorating the local economy."

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