Williamson County has partnered with South Korea in a first-of-its-kind economic agreement. It is expected to bring dozens — if not hundreds — of new companies to the area.
Williamson County Judge Bill Gravell gives KOTRA CEO Yu Jeong-Yeol a cowboy hat at the grand opening of the KOTRA Global Partnering Center in Austin on Thursday.
"We’re humbled," Gravell told KUT."Normally, their agreements are with states or nations, and so we’re honored to have that partnership with KOTRA."The trip was initially scheduled so Gravell and other county officials could visit Samsung’s fabrication plant in Pyeongtaek City. The tech giant is building a similar $17 billion chip-making plant in Taylor."I didn’t know before last week that I was willing to do an international agreement.
The factory will rely on small- and medium-sized companies nearby to supply raw materials. And many of those companies will be coming from South Korea.It’s a sales pitch that the director general of KOTRA's Dallas office said he’s already been making.
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