ProMinent, a leading manufacturer of metering technology, is expanding its South Korean production plant. The group has had a presence in South Korea since 1991 with its own production and distribution company and now ProMinent is investing around €2.5m in expansion. The official inauguration of the plant took place on 12 March 2010.
This week Prof Dr hc Dulger, chairman of the supervisory board of the Heidelberg-based specialist metering technology company, is inaugurating the expanded metering system production plant in Giheung-gu, Yongin City, Gyeonggi-do (near Seoul). The German ambassador and representatives of local political groups and the business community have been invited to attend.
Thanks to the new building capacity of over 2,500m², ProMinent will be able to meet the specific requirements of the gas and oil industries for the expanded supply of innovative metering systems.
“The Asian markets have grown rapidly over the last few years, states Prof Dr hc Viktor Dulger, explaining the reason for the investment. ?With high-capacity local production, we are ideally equipped for the future and, at the same time, can meet customers’ requirements more precisely, avoid long distribution channels and expand our global production and logistics network.”