Sohn Kyung-sik Archives | Be Korea-savvy

CJ to Step up Global Expansion Through M&A

SEOUL, Jan. 6 (Korea Bizwire) – CJ Group, South Korea’s leading food and entertainment conglomerate, will step up its global expansion through mergers and acquisitions (M&A) in the bio and logistics business to foster new growth drivers, company officials said Wednesday. CJ has been grappling with stagnant growth after its chairman Lee Jay-hyun’s indictment on [...]

CJ to Chase Bigger Share in U.S. Lysine Market

SEOUL, June 27 (Korea Bizwire) – CJ CheilJedang recently celebrated its opening of a new lysine production plant in the U.S. constructed to take the No. 1 position in the global bio-based animal feed market. The largest food maker in Korea opened the factory in Fort Dodge, Iowa, on June 25. CJ poured US$300 to build the [...]