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[Special Stock] CS Wind Rises 4.29% on Biden's Visit to US Factory

CS Wind, a Korean company and the world's largest wind tower manufacturer, showed strong performance on the 30th following U.S. President Joe Biden's visit to its local factory.


[Special Stock] CS Wind Rises 4.29% on Biden's Visit to US Factory President Joe Biden [Image source=Yonhap News]

On that day, CS Wind closed the KOSPI market at 53,500 KRW, up 4.29% from the previous trading day.


On the 29th (local time), President Biden toured CS Wind's Pueblo factory in Colorado. CS Wind plans to expand its U.S. factory to produce wind towers with a capacity of 10GW within 3 to 4 years.


President Biden said, "Here, the Korean company CS Wind makes (wind) towers and turbines," adding, "All wind towers were made overseas, but we decided to make them in the U.S. as well."


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