Funding shortfall postpones building of major element of the STX Enpaco factory even though the rest of the plant opened for business earlier this year.rnBuilding work at STX Enpaco's new plant in Daegu has stopped before the precision casting plant has been built as the economic recession takes a hit at another Korean major.rnThe Daegu development will build turbochargers and other precision machinery and parts for the shipbuilding industry, though Wan - Seok Kim, assistant manager of the STX Enpaco's business team in Gyeongsangnam-do, near Busan, admits that 90% of the company's business is conducted with its sister organisation that builds ships, STX Shipbuilding.
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