Kumho Tire Signs Investment Agreement for New Plant Construction

Completion in Bitgreen Industrial Complex Targeted for 2027, Operations to Begin in 2028 / Expected to Play a Key Role in Strengthening Mid- to Long-Term Global Competitiveness

The company plans to build a plant with an annual production capacity of 5.3 million tires by 2027 and to begin full-scale operations in 2028.

Kumho Tire announced on December 10 that it had signed an investment agreement with South Jeolla Province and Hampyeong County on December 9 for the construction of the Hampyeong New Plant. …

Source: The Asia Business Daily