Osung Machinery Industries, a company that produces excavator upper and lower frames, ship generator frames, and railway vehicle bogie frames, will invest in the Yeongcheon High-Tech Park District of DGFEZ.
Osung Machinery Industries plans to invest KRW 14 billion over three years from 2025 to build an excavator lower frame production plant on a 12,654㎡ site and hire at least 23 new employees.
Founded in 1993, Osung Machinery Industries currently has business sites and research centers in Gyeongsan and Yeongcheon, and announced that it decided on this investment in order to grow into a specialized parts company in the global construction machinery equipment field through continuous technological innovation in line with the expansion of its customers’ global markets.