South Korea’s leading clothing export company, Sae-A Trading, recently began operations of a new factory in the Central American state of the Dominican Republic. The factory is equipped with the latest equipment, 26 production lines, and able to produce US$ 36 million worth of export goods annually. The motto of this new production subsidiary is ‘localization’, meaning that all senior positions, from the factory manager to each departmental managerial positions, are hired locally, in order to localize the branch and create jobs in the region.
Sae-A STX Entech wins 60.5 bil. KRW contract to upgrade Boryeong Unit No. 4 desulfurization facilities
Sae-A STX Entech (www.sae-astx.com), an industrial plant business affiliate of Global Sae-A (CEO Kim Ki-myung), recently signed a contract with the Korea Midland Power Company, one of the top 5 power plants in South Korea, to build a desulfurization facility for the Boryeong Power Plant Unit No. 4. Construction on the project is scheduled to begin December 2022, and will cost approx. 60.5 billion KRW.
In The F brings in Jung Kuho and Kim Jungmi for brand innovation drive
After presenting a refreshed image with successive launches of new brands, the fashion company In The F (www.inthef.co.kr CEO: Baek Jeong-Heum) is continuing its innovation and renewal drive, including its key brands, such as Joinus, Compagna, Tate, and Truegen.