Kyungil University and Valeo Pyeong Hwa Co., Ltd. signed a MOU at Valeo Headquarters on April 30th. The president of Kyungil University, Hyun Tae Jung visited Valeo Pyeong Hwa Co., Ltd, which is located in Dalseo-Gu, Daegu, and discussed with the Chairman of Valeo, Sang Tae Kim about the future direction after signing the MOU.

Eleven Major figures including Hyun Tae Jung, the president of KIU and Sang Tae Kim, the Chairman of Valeo graced the occasion with their presence at the signing ceremony, which aims to promote mutual development through a relationship based on organic collaboration. According to the agreement signed today, both organizations are expected to cooperate in various fields such as; establishing a connection system between industry and university, the joint use of facilities and equipment, a mutual exchange of technical information and researchers, the training of interns and participating on improving job education for employees, and offering an on-site training and job opportunity for talented people and so on.

Valeo Pyeong Hwa Co.,Ltd. is the only promising local corporation that produces automobile parts and was selected as one of ���the Best Companies to work��� from GWP KOREA and the Ministry of Knowledge Economy in 2011. Moreover, the company was awarded the $2 Billion Export Tower from the Ministry of Knowledge Economy in December 2011.

The president of KIU stated, ���KIU will contribute to the development of local communities and to cultivating talented individuals through collaboration with local corporations, including Valeo Pyeong Hwa���.