Yangsan-si and TLS Investment Agreement, Leading Regional Economic Revitalization

108 Billion KRW Investment and Creation of 38 New Jobs by June 2026 in Gasan Industrial Complex

Yangsan City in Gyeongnam signed an investment agreement (MOU) with the electronic device parts manufacturer ‘TLS’ at Yangsan City Hall on the 4th.

Yangsan City signed an investment agreement (MOU) with the electronic device parts manufacturer 'TLS' on the 4th. Photo by Yangsan City

TLS (CEO Kim Young-jong) was established in April 2014 and operates comprehensive brokerage and manufacturing of electronic device parts in the Seogimhae Industrial Complex. It is a promising company with annual sales of around 20 billion KRW, which has been increasing every year.

To leap forward as a mid-sized company, TLS plans to expand its manufacturing sector by establishing an additional factory in the Gasan Industrial Complex in Yangsan City. They agreed to invest 10.8 billion KRW by June 2026 and create 38 new jobs.

Such cooperation between Yangsan City and TLS is expected to not only have an economic uplift effect within the region but also provide new job opportunities for local residents.

Yangsan City plans to continue leading sustainable regional economic development through attracting and supporting businesses.

Mayor Na Dong-yeon said, “We sincerely welcome TLS’s decision to invest despite difficult economic conditions,” and added, “We will actively support the company so that it can continue to grow well.”