Yuyu Healthcare, a subsidiary of Yuyu Pharmaceutical, has inaugurated its second factory in Hoengseong County, Gangwon Province, capable of producing health supplements worth 20 billion won annually. Combined with its existing first factory, the company aims to establish a production system worth 70 billion won per year, enhancing its product diversity and accelerating its entry into global markets.
On November 5, Yuyu Healthcare announced the completion of its second factory located in the Ucheon General Industrial Complex in Hoengseong County. The new facility spans 17,922 square meters with a total floor area of 7,056 square meters and is equipped to produce a variety of health supplements, including soft capsules, liquids, and jellies.
With this expansion, Yuyu Healthcare is moving away from its previous focus on solid forms like tablets, establishing a foundation to meet diverse consumer demands. The first factory will continue to produce solid forms, while the second factory will focus on soft capsules, liquids, and jelly products, thereby improving production efficiency and product competitiveness.
The annual production capacity has now increased to a total of 70 billion won, combining the first factory's 50 billion won with the second factory's 20 billion won. This expansion allows Yuyu Healthcare to respond to various product development and production needs from clients in the health supplement OEM (original equipment manufacturer) and ODM (original design manufacturer) sectors. The first and second factories in Hoengseong employ 110 local workers, contributing to job creation in the region.
In addition to expanding production facilities, Yuyu Healthcare is also working to secure certifications for entering overseas markets. The company is preparing for vegan and halal certifications to broaden collaboration opportunities with international clients and strengthen its OEM and ODM competitiveness based on diverse production capabilities and international certifications.
Yoo Kyung-soo, CEO of Yuyu Healthcare, stated, "On the occasion of our 20th anniversary, we aim to become a leading company in the health supplement industry, leveraging the enhanced production competitiveness from the acquisition of the international food safety management system certification 'FSSC 22000' for our first factory and the completion of our second factory capable of producing various forms."
Founded in 1941, Yuyu Pharmaceutical is exploring new business opportunities in areas such as biotechnology and pet healthcare, building on its existing experience in prescription drugs, over-the-counter medications, and health supplements.
On November 5, Yuyu Healthcare announced the completion of its second factory located in the Ucheon General Industrial Complex in Hoengseong County. The new facility spans 17,922 square meters with a total floor area of 7,056 square meters and is equipped to produce a variety of health supplements, including soft capsules, liquids, and jellies.
With this expansion, Yuyu Healthcare is moving away from its previous focus on solid forms like tablets, establishing a foundation to meet diverse consumer demands. The first factory will continue to produce solid forms, while the second factory will focus on soft capsules, liquids, and jelly products, thereby improving production efficiency and product competitiveness.
The annual production capacity has now increased to a total of 70 billion won, combining the first factory's 50 billion won with the second factory's 20 billion won. This expansion allows Yuyu Healthcare to respond to various product development and production needs from clients in the health supplement OEM (original equipment manufacturer) and ODM (original design manufacturer) sectors. The first and second factories in Hoengseong employ 110 local workers, contributing to job creation in the region.
In addition to expanding production facilities, Yuyu Healthcare is also working to secure certifications for entering overseas markets. The company is preparing for vegan and halal certifications to broaden collaboration opportunities with international clients and strengthen its OEM and ODM competitiveness based on diverse production capabilities and international certifications.
Yoo Kyung-soo, CEO of Yuyu Healthcare, stated, "On the occasion of our 20th anniversary, we aim to become a leading company in the health supplement industry, leveraging the enhanced production competitiveness from the acquisition of the international food safety management system certification 'FSSC 22000' for our first factory and the completion of our second factory capable of producing various forms."
Founded in 1941, Yuyu Pharmaceutical is exploring new business opportunities in areas such as biotechnology and pet healthcare, building on its existing experience in prescription drugs, over-the-counter medications, and health supplements.
* This article has been translated by AI.
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