National Air Cargo expands into Korea
03 / 07 / 2012
NEW York-based National Air Cargo (NAC) has registered a yuhan hoesa (similar to limited liability) company in Seoul (South Korea) as part of its Asian expansion.
“Our official presence in South Korea is an exciting development,” said Chris Alf (right), NAC’s chief executive officer. “[It] gives us a platform to expand our support of both commercial and government entities throughout the region.”
Currently, the company supports US military bases in Korea, which house approximately 28,000 armed forces personnel.
Alf and his wife Lori have recently rejoined the company’s board of directors following the US military’s reason for disbarring the company from bidding for contracts was declared “logically flawed” by a judge.
“We are relieved that after fighting for this long that the judge found this case fundamentally flawed and lacking legal merit,” Alf said. “It was worth fighting for our innocence.”