Korean Firm Buys Baltimore Facility for $10M, Plans 500-Job Factory

Korean firm buys Baltimore facility for $10M, plans 500-job factory

A South Korean biotechnology company is building a Baltimore manufacturing facility that will bring 500 new jobs to the region.

Korean firm buys Baltimore facility for $10M, plans 500-job factory

A Korean stem cell company involved in everything from food manufacturing to Alzheimer's treatments is establishing a 500-person facility in Maryland.

Governor Moore Announces New Stem Cell Facility and 500 Jobs in Baltimore City

BALTIMORE, MD (November 18, 2025) — Governor Wes Moore today announced that Korean biotechnology company Nature Cell is establishing a significant location in Maryland. The company is planning to open a manufacturing facility in Baltimore City at 1401 Severn Street at the mixed-use complex Gaslight Square. The approximately 100,000 square-foot operation will be completed in two phases through 2031 and bring an estimated 500 new full-time jobs to…