KBI Partnership

Epitome Development Forges Strategic Real Estate Partnership with Global Textiles Company

Epitome Development, a rising leader in Central Texas real estate, and KBI Group, a primary supplier to Samsung, signed a Memorandum of Understanding to formalize their partnership on future real estate deals in the U.S.

Epitome Development proudly announces its strategic partnership with a global conglomerate, KBI Group. The collaboration signifies a monumental step towards elevating Taylor, Texas, onto the global stage. The partnership follows Samsung’s commitment to build a 17 billion dollar semiconductor facility in the growing community northeast of Austin.

KBI Group, based in Korea, is one of Samsung’s major suppliers of textile materials. The conglomerate plans to use the Samsung site work, led by Epitome Development, as a launchpad for future projects across the United States, such as renewable energy plants.

Park Han-sang, the KBI Group Vice Chairman, stated, “With this business agreement, KBI Engineering & Construction will lead real estate development in all regions of the United States and carry out various projects through synergy among KBI Group affiliates.” He added, “In addition, to overcome the difficult crisis in the domestic construction industry, the Construction Association of Korea we will serve as a catalyst to help our member companies advance into the U.S. and turn them into opportunities,” he said.

“With this business agreement, KBI Engineering & Construction will lead real estate development in all regions of the United States and carry out various projects through synergy among KBI Group affiliates.”

Park Han-sang
Vice Chairman
KBI Group

“We are thrilled to embark on this transformative journey with our esteemed partner,” said Dharma Rajah, CEO of Epitome Development. “This partnership represents our commitment to driving innovation and creating value for our clients and stakeholders. Together, we will set new standards for excellence in the real estate industry.”

Epitome Development and KBI Group will proactively collaborate on various projects, including mixed-use developments, commercial properties, and future-ready residential communities.

About KBI Group

KBI Group, founded in 1955 in Korea, supplies textiles and parts to automotive, real estate, medical, energy, industrial, and technology manufacturers. Its annual revenue exceeds $1.9 billion. KBI Group’s clients include Hyundai, Kia, Shell, Siemens, LG, and Samsung.