Samhyun Co., Ltd. and Changwon City Sign a 52 Billion KRW Investment Agreement

Samhyun Co., Ltd. and Changwon City Sign a 52 Billion KRW Investment Agreement

Expansion Plan: Factory Construction on 21,000㎡ in the National Industrial Complex and 50 New Jobs

Samhyun, a Leading E-Mobility Company in Changwon, Announces a 52 Billion KRW Investment

Changwon Special City announced on the 29th that it has signed an investment agreement with Samhyun Co., Ltd. (CEO Hwang Sung-ho) for a 52 billion KRW investment and the creation of 50 new jobs. The signing ceremony took place in the reception room of City Hall.

The event was attended by six key officials, including Changwon Special City Mayor Hong Nam-pyo and Samhyun CEO Hwang Sung-ho. Both parties agreed to work closely together to boost the local economy and create jobs through this investment.

Samhyun Expands Factory to Meet Growing Demand for Electrification Modules

Samhyun Co., Ltd., a leading motion control company, has finalized plans to expand its factory and invest in new equipment on a 21,000㎡ site in Palyong-dong, adjacent to its existing facility. The expansion comes in response to increasing orders for its core product, electrification modules.

Founded in 1988 in the Changwon National Industrial Complex, Samhyun specializes in manufacturing key powertrain systems used in eco-friendly vehicles, smart defense, robotics, electric ships, and urban air mobility (UAM).

Notably, Samhyun is the first company, both domestically and internationally, to develop a 3-in-1 integrated solution combining motors, controllers, and reducers. The company has successfully mass-produced and exclusively supplied electrification modules for eco-friendly vehicles, positioning itself as a leader in the motion control system industry.

Hwang Sung-ho, CEO of Samhyun, stated, “This investment decision was made in consideration of Changwon City and Gyeongnam Province’s proactive investment attraction efforts, corporate support programs, and competitive industrial infrastructure. As a company with deep roots in Changwon for 36 years, we will leverage our accumulated expertise to continue leading the motion control industry.”

Hong Nam-pyo, Mayor of Changwon Special City, expressed his gratitude, saying, “We sincerely appreciate Samhyun’s significant investment decision, which reinforces its leadership in the future e-mobility market. The city will provide full administrative support to help Samhyun grow into a technology-driven global enterprise.”

Reporter: Jin-ho Kim :  kimjh@knnews.co.kr