Bearing Art Co., Ltd. (CEO Hyunwook Yoo) visited Yeongju City Hall on the 31st of last month to donate 10 million KRW as a scholarship fund to support local talent in Yeongju.
CEO Hyunwook Yoo stated, “With a commitment to fulfilling corporate social responsibility through management based on sharing and coexistence, we donated this scholarship fund to help nurture local talent in Yeongju.”
CEO Hyunwook Yoo of Bearing Art (left) is posing for a commemorative photo with Namseo Park, Mayor of Yeongju City, after donating 10 million won in scholarship funds for talent development.
Namseo Park, Mayor of Yeongju, said, “We deeply appreciate the heartfelt support from Bearing Art, a company representing Yeongju, and this scholarship fund will be meaningfully used to discover and nurture local talent.”
Meanwhile, Bearing Art Co., Ltd. has been growing into a global company by supplying high-quality products in the automotive and industrial bearing sectors since operating its Yeongju factory in 2013. In September 2019, the company signed an investment agreement with Yeongju City to invest 300 billion KRW in the expansion site of the Ban-gu Specialized Industrial Complex, creating 500 new jobs and contributing to the local economy.
Additionally, Bearing Art Co., Ltd. pursues mutual growth with the community through various social contribution activities such as supporting free meal centers and donating funds and goods to help neighbors. Last year, the company also provided donations and supplies during Yeongju’s record-breaking heavy rain damage, offering great comfort and encouragement to local residents.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
