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THE INVESTOR]
LG Household & Health Care is fine-tuning its plan for an industrial complex in Cheonan, South Chungcheong Province, according to the city government on Sept. 14.
The beauty and personal care behemoth has completed a lengthy process of compensation for the 390,000 square meter site dedicated to cosmetics, a first in the country, and is seeking to initiate construction within this year.
In addition to a “smart” factory featuring IoT technologies, the complex will house a garden to cultivate natural, verified ingredients and a “town” for aesthetics services, offering both business and tourism in an environment-friendly set.
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A rendering image of Cheonan cosmetics complex. Cheonan city. |
It “will be a major turning point, a new source of growth for the city and for the balanced development of the region, rejuvenating the economy and creating jobs,” said a city official.
By Hwang You-mee (
glamazon@heraldcorp.com)
