Johnson Matthey & Co. headquarters is located in London, England and specializes in catalysts, precious metal products, pharmaceutical materials and ceramics. This enterprise is now expanding its range by establishing a factory for manufacturing automobile parts in Jangan Industrial Complex located in Hwasung, Gyeonggi-do. A total of about 70 people including the provincial government of Gyeonggi-do and Johnson Matthey & Co. executives are expected to attend the opening ceremony for the construction on April 26.

Sales have reached 8 trillion 500 billion won last year and as a global enterprise, employ over 7,500 employees in 34 countries all over the world. Johnson Matthey & Co. is a renowned British enterprise specializing in catalysts, next generation fuel batteries and other industrial fields.

Ever since Gyeonggi-do provincial governor, Sohn, Hakkyu’s visit to England in January last year, Johnson Matthey & Co., has especially handled investment issues such as authorizations, bottleneck solutions and other matters quickly and positively. After 6 months, Johnson Matthey & Co. is fully supportive in investing in Gyeonggi-do.

Johnson Matthey & Co. plans to focus on manufacturing exhaust gas reduction catalysts for automobiles in Jangan Industrial Complex. This business field has rapidly grown over 6% every year compared to other fields within the company. Sales are expected to increase because international regulations on environmental pollution are constantly reinforced.

Manufacturing catalysts for reducing automobile exhaust gas in Gyeonggi-do is welcomed by Korean automobile companies like Hyundai. Korean automobile companies expect to increase competitiveness in technology and quality in the world market.

Governor Sohn, Hakkyu expressed his appreciation to John F. Walker, Asia president of Johnson Matthey & Co. for investing in Gyeonggi-do and also stated, “We will do our best in contributing in increasing employment opportunities by securing global industrial competitiveness. And to do this, the shortage in high-tech fields will be reinforced through continuous investment inducement.