Dongwha Electrolyte USA to spend $70 Million to expand into new space in Clarksville Tennessee.
Clarksville, Tennessee — According to state and local development sources, Dongwha Electrolyte USA plans to invest $70,000,000.00 to build out new space in Clarksville. The company plans to occupy the new space in Clarksville, on or about June 1, 2024. According to the company website Dongwha was founded in 1948 as a wood-based manufacturer named Dongwha Enterprise Co., Ltd. Since then it has evolved into a corporation with a presence in various markets, such as wood boards, chemicals, construction materials, homebuilding and auto lifes. It has established a firm presence in the domestic and global markets through its domestic subsidiaries, such as Dongwha Enterprise, Daesung Wood and Dongwha MPark, and overseas production bases in Malaysia, Vietnam, Australia and New Zealand. Dongwha Enterprise_Vertical integration of wood materials business Dongwha Enterprise, a leading wood materials manufacturer, acts as the foundation and core business area of the Dongwha Group. It has vertically integrated its business areas, including chemicals, flooring and construction materials and house construction, using high value-added products and technological expertise. Since 2000 it has solidified its position in the Asia-Pacific market through global expansion.
To learn more about Dongwha Electrolyte USA, visit http://www.dongwha.com/
Company Contact:
SiJoon Lee, Chief Executive Officer
sijoon.lee@dongwha.com
82-41-732-1707 8
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