SPC Group introduced on Dec. 11 that it signed a memorandum of understanding (MOU) with North Chungcheong Province and Eumseong County to speculate 300 billion gained and construct a sensible manufacturing facility in Eumseong County, North Chungcheong Province.
The location secured by SPC Group for the brand new manufacturing facility development covers 182,866 sq. meters throughout the Eumseong Human Sensible Valley. This represents about 20% of the whole industrial land space of Human Sensible Valley, making it the biggest amongst tenant firms. SPC Group defined that the brand new manufacturing facility development may contribute to creating roughly 1,000 jobs and revitalizing the native financial system by using native firms and supplies in North Chungcheong Province.
The brand new manufacturing facility will probably be 2.5 occasions bigger than SPL, SPC Group’s consultant manufacturing facility, and can develop into the biggest manufacturing facility throughout the group upon completion. The brand new manufacturing facility goals to start development in 2026 and full development in 2028.
SPC Group plans to attenuate danger components by making use of cutting-edge sensible applied sciences together with synthetic intelligence (AI), automation robots, and Web of Issues (IoT) sensors to the brand new manufacturing facility, with employee security as the highest precedence worth. Moreover, the corporate plans to distribute manufacturing quantity from present factories to the brand new manufacturing facility to reinforce the general security of the group’s manufacturing system.
Heo Jin-soo, vice chairman of SPC Group, stated, “The development of the security sensible manufacturing facility is a crucial turning level for realizing SPC Group’s change, innovation, and safety-centered administration,” including, “We’ll construct a manufacturing facility outfitted with the very best stage of security programs to reinforce belief amongst staff, clients, and varied stakeholders.”
North Chungcheong Province Governor Kim Younger-hwan emphasised, “This funding will function a core basis for North Chungcheong Province to leap ahead as the middle of Korea’s meals trade and for SPC Group to understand its future progress technique.”
SPC Group has additionally set a aim to register the brand new manufacturing facility as a lighthouse manufacturing facility, chosen yearly by the World Financial Discussion board (WEF) and international consulting agency McKinsey. A lighthouse manufacturing facility refers to a manufacturing facility that serves as an innovation mannequin by introducing core applied sciences of the Fourth Industrial Revolution.