PRI expands Korean operations

PRI expands Korean operations

Boondang, Korea

PRI Automation (Billerica, MA) announces PRI Korea Ltd. (Boondang, Korea), a joint venture with Chung Song Systems Co. and Shinsung Engineering Co. making it the first semiconductor automation supplier to establish a fully-functional operation in Korea, company officials claim. The expansion into Korea enhances PRI`s presence in the Asia Pacific region and provides a local manufacturing base for PRI`s automated material handling products. Mr. S.K. Suh, currently president of Chung Song Systems Co., will be the president of the joint venture. Mr. W.K. Lee, president of Shinsung Engineering Co., will serve on PRI Korea`s board of directors. PRI`s Korean subsidiary, established in 1996, will be incorporated into PRI Korea. — KS

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