lighthouse factory Archives

LG Laundry Factory in Tennessee Selected as WEF Lighthouse Factory

SEOUL, Jan. 16 (Korea Bizwire) — LG Electronics Inc. said Sunday that the company’s plant in the U.S. state of Tennessee has been selected as a lighthouse factory by the World Economic Forum (WEF), the first of its kind among South Korean plants built overseas. According to the WEF, a lighthouse factory refers to a [...]

POSCO Named ‘Lighthouse Factory’ by World Economic Forum

SEOUL, Jul. 3 (Korea Bizwire) – South Korea’s top steelmaker POSCO said Wednesday it has been named a “lighthouse factory,” by the World Economic Forum (WEF) for its efforts to drive innovation of the manufacturing sector. The WEF, an international organization for public-private cooperation, selects lighthouse factories twice a year that are considered front runners [...]