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South Korean KPF Acquires USD300 Million Fastener Orders for a Power Plant in Indonesia and Airport in Chile
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2017-04-19
Fastener and automotive parts maker KPF acquired fastener orders for main infrastructure in Indonesia and South America. The orders are for the "thermal power plant in Java of Indonesia" and "Santiago airport in Chile". The investment value for each of these two projects is USD 150 million. The construction fastener market value in Asia and South America were KRW 5 trillion in 2016. Besides North America and Europe, KPF actively expands its business scope in Asia and South America where investments in airport, steel bridge, railroad and bay are skyrocketing.
2017-04-19
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