On Friday, November 20, 2015, Rittal held the completion ceremony for its new headquarters in the Knowledge and Information Industry Complex of Songdo International City. Rittal is a company that supplies industrial enclosures protecting electrical and electronic equipment from external environments, as well as power distribution, cooling, and information technology infrastructure solutions. The new headquarters was established as an integrated base equipped with manufacturing facilities, research facilities, and a logistics center. The project involved a total investment of KRW 22 billion (approximately USD 19 million) and foreign direct investment of USD 10 million, laying the groundwork for strengthening its business base in Korea and expanding into Asian markets.