Daeil Industrial Gyeongju Plant Investment: KRW 50.6 Billion

Daeil Industrial Announces KRW 50.6 Billion Gyeongju Investment

Daeil Industrial Gyeongju Plant Investment marks a KRW 50.6 billion expansion and reshoring project for South Korea’s automotive manufacturing base. The Daeil Industrial automotive seat frame manufacturer will establish a new production facility in Gyeongju, North Gyeongsang Province, while relocating a production line from Vietnam back to South Korea. Construction is scheduled to start in September 2026 and finish in December 2027. The facility is planned to manufacture seat frames and seat-back frame assemblies for next-generation Genesis models, strengthening local component capacity for Hyundai Motor Group’s luxury vehicle business.

New Plant to Expand Automotive Seat Frame Production

The project will expand Daeil Industrial’s manufacturing footprint beyond its existing operations. Established in 1987, the company is headquartered in Cheonan, South Chungcheong Province, and also operates a plant in Ulju-gun, Ulsan. The new Gyeongju facility will add capacity focused on automotive seating structures, particularly seat frames and seat-back frame assemblies. By moving production from Vietnam to South Korea, the project represents a reshoring initiative that brings an existing manufacturing line closer to the vehicle programs it will support. The investment therefore combines capacity expansion with a geographic shift in production within the company’s supply network.

Existing Vehicle Programs Include Hyundai and Kia Models

Daeil Industrial already supplies seat frames for several major vehicle programs in South Korea. Its current production includes components for the Hyundai Santa Fe and Genesis G80, alongside the Kia Carnival and Niro. The Gyeongju plant is expected to extend this manufacturing capability toward next-generation Genesis models, creating additional production capacity for future luxury vehicles. The investment also places the new facility within South Korea’s broader automotive manufacturing ecosystem, where proximity between component suppliers and vehicle production can support program-specific manufacturing requirements and supply coordination.

Construction Scheduled From September 2026 to December 2027

The investment schedule provides a defined implementation timeline: construction is due to begin in September 2026, with completion targeted for December 2027. Once operational, the Gyeongju plant is expected to produce seat frames and seat-back frame assemblies associated with next-generation Genesis models. For Daeil Industrial, the project represents a significant manufacturing commitment and a reshoring move from Vietnam to South Korea. For the wider automotive supply chain, it signals additional localized production capacity for seating structures supporting future vehicle programs under Hyundai Motor Group.

Frequently Asked Questions

What is Daeil Industrial investing in Gyeongju?
The project involves a KRW 50.6 billion investment in a new automotive seat-frame manufacturing plant in Gyeongju, North Gyeongsang Province, South Korea. Construction is scheduled to begin in September 2026 and finish in December 2027. The facility will produce seat frames and seat-back frame assemblies for next-generation Genesis models. The project also includes relocating a production line from Vietnam to South Korea, making it a reshoring initiative as well as a capacity expansion. The investment will add localized manufacturing capability for future luxury vehicle programs.

Which vehicles are currently supported by Daeil Industrial’s seat-frame production?
Daeil Industrial currently produces seat frames for the Hyundai Santa Fe, Genesis G80, Kia Carnival and Kia Niro, according to the supplied company information. The new Gyeongju plant is planned to support next-generation Genesis models rather than only existing vehicle programs. Established in 1987, the company operates from its headquarters in Cheonan and maintains a plant in Ulju-gun, Ulsan. The new facility will therefore expand an established automotive seating manufacturing network while shifting one production line from Vietnam back to South Korea.