Asahi Glass to begin construction of Kumi factory in August

Asahi Glass, a Japanese glassmaker, is expected to begin the construction of a glass factory for LCDs in Kumi as soon as August.

The Japanese company is planning to sign a MOU (memorandum of understanding) to invest a total of $600 million, according to sources of KOTRA.The glass factory will occupy lands of 130,000 pyung at the fourth industrial complex in Kumi.Asahi holds the lion's share in the glass market, with a strong workforce of 55,700 workers.

600450 Asahi Glass to begin construction of Kumi factory in August glassonweb.com

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