Hyundai Mobis' build a new production facility  [ Korea ]

Hyundai Mobis' subsidiary, HL Green Power, will build a new production facility in Korean to produce automotive battery packs. The facility, which will have an annual production capacity of 100,000 units, is being built on land that was acquired for 27,000 million won. The Company is investing 7,500 million won in the project on facilities and equipment. (From a June 29, 2012 press release)