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Photo = CJ CheilJedang |
[Alpha Biz= Reporter Kim Sangjin] CJ CheilJedang has announced plans to invest 800 billion KRW to build new food production plants in Hungary and South Dakota, USA.
On the 20th (local time), CJ CheilJedang revealed its plan to construct a 115,000㎡ production facility in Hungary in partnership with the Hungarian Investment Promotion Agency.
The factory will be located in Dunaharaszti, near Budapest, and will be as large as 16 football fields. The investment amounts to 100 billion KRW, and the factory is expected to start producing Bibigo dumplings in the second half of 2026. The company also plans to expand production to include Bibigo chicken. With this new facility, CJ CheilJedang aims to expand its presence in Central and Eastern Europe and the Balkans, strengthening its European operations.
In addition, CJ CheilJedang's U.S. subsidiary, Schwan's, has broken ground on a new "North American Asian Food Factory" in Sioux Falls, South Dakota. The 575,000㎡ site will house facilities as large as 80 football fields, and the investment amounts to 700 billion KRW. Scheduled for completion in 2027, the plant will feature production lines for dumplings and egg rolls, wastewater treatment facilities, and a logistics center.
Once completed, the plant will be the largest Asian food manufacturing facility in North America. CJ CheilJedang plans to use this facility as a key production hub in the U.S. Midwest, aiming to solidify its position as the number one Asian food company in the United States.
AlphaBIZ Kim SangJin(letyou@alphabiz.co.kr)
