OPTEC International, Inc. announced the company has signed the LOU (letter of Understanding) with Hephzibah for the formation of OPTEC Korea. The new equally-owned partnership will manufacture and distribute exclusively under the OPTEC International license to the Korean markets OPTEC Fuel Maximizer product lines branded under the OPTEC Korea label from Hephziba's 80,000-square-feet facility in Incheon, Korea. Hephzibah is a well-established manufacturer of commercial heaters and air conditioners with a worldwide distribution network. The definitive agreement is expected to be completed this month with an anticipated operational start date in January 2018.