‘Ground-Breaking Ceremony’ for the New ‘YG-1 Technology Center GmbH’ in Germany
/ May 23, 2019
‘Ground-breaking ceremony’ for ‘YG-1 Technology Center GmbH’ (“German Tech Center”) was held in Oberkochen, Germany on May 2.
At the site where the German Tech Center will be built, YG-1 Chairman Hokeun Song, Oberkochen Mayor and city councilor, architecture and architectural designer, and also German Tech Center employees attended and had shovel ceremony announcing the first day of construction
The German Tech Center is scheduled to be completed in May 2020, with a production capacity of 4800 sqm, specializing in R&D for Automotive industry.
Chairman Hokeun Song said at the ceremony, "German tech center is a growth engine for our company which is for a global sales beyond Europe.”
In addition, mayor Peter Traub, who participated in the groundbreaking ceremony, thanked Chairman Hokeun Song for contributing to the creation of more than 1,000 jobs in Germany and for improving the fame of Oberkochen as an industrial area.
YG-1 will continue to strengthen the position as a ‘total solution provider’ who offers innovative and professional tooling solutions
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