AFW Decides to Halt Production at Naksan Factory

[Asia Economy Reporter Minji Lee] AFW announced on the 11th that it will halt production as it plans to relocate its Naksan factory to Samcheong Construction.

The company stated, "Production and delivery will be possible at Samcheong Construction, and cost improvement is expected through fixed cost reduction and increased production efficiency," adding, "There is almost no impact on sales due to the production halt."