Kumho Vietnamese Plant – Latest
It seems that the announcement by Kumho that it is to spend US$155 million on building a factory at Binh Duong in Vietnam (30th April) is only part of the whole story.
The total investment will be around US$380 million and, in addition to the tyre factory, Kumho will build a rubber-processing factory in the province, where there are “vast rubber plantations” to provide the raw material.
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