Dongwon F&B Announces 165 Billion KRW Investment for Expansion of Beverage and Chilled Food Businesses

COMPANY / Reporter Kim SangJin / 2024-12-31 02:21:23

Photo = Yonhap news

 

[Alpha Biz= Kim Sangjin] Dongwon F&B announced on the 30th that it will invest 165 billion KRW in new facilities to expand its beverage and chilled food businesses.


According to the disclosure, Dongwon F&B will invest 110 billion KRW in the chilled food business by January 31, 2026. The remaining 55 billion KRW will be allocated to the beverage business by April 30, 2026.

Based on these investments, Dongwon F&B plans to build new production facilities on land near its current Jincheon plant and increase the capacity of its beverage production facilities. However, the specific products to be manufactured have not yet been determined, according to the company.

 

 

Alphabiz Reporter Kim SangJin(letyou@alphabiz.co.kr)

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