Four U.S. companies file investment plans of 2.8 trillion won in Korea

9/4/2026

U.S. companies expand investment in Korea, with 2.8 trillion won in semiconductors, materials, and clean energy Check out the major plans of Air Products, Excelis, Corning, and Pacifico Energy

Four U.S. companies in the semiconductor, advanced materials, and clean energy sectors have decided to invest a total of 2.8 trillion won in Korea. The Ministry of Trade, Industry and Energy held a ceremony for reporting foreign direct investment worth $2 billion in Washington, D.C. on the 3rd (local time) together with the Korea TradeInvestment Promotion Agency, and unveiled the investment plans of Air Products, Excelerate, Corning, and Pacifico Energy. By company, Air Products will expand its gas supply facilities in Pyeongtaek, Gyeonggi Province, while Excelerate is pushing ahead with expanding its manufacturing facilities in Korea. Corning will strengthen its existing manufacturing capabilities, and Pacifico Energy plans to move forward with a 3.2 GW offshore wind power project currently under way in Jeonnam Province. The ministry said it also discussed ways to expand investment cooperation on the day.