Winnipeg firm wins $8M South Korea theme park contract
Empire Industries Ltd. says the contract is its first in South Korea
WINNIPEG—Empire Industries Ltd., a Winniped-based manufacturer of amusement park attractions and other complex engineered steel parts, has won a contract for an attraction by a major South Korean theme park.
The contract, valued at approximately $8 million, has been awarded to Empire’s Dynamic Attractions business unit and represents the company’s entry into the growing South Korean market.
Empire says the contract will largely be executed within the next eighteen months.
“South Korea has established itself as one of the most technologically sophisticated countries in the world.” Said Guy Nelson, Empire’s Chief Executive Officer. “The selection of our Dynamic Attractions branded attraction underscores the world-class nature of our media-based attractions. The South Korean market has strong potential to drive growth in [this] segment for years to come.”
Empire Industries Ltd. manufactures specialized engineered products and sells these products domestically and in select international export markets.