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CEO Outlines Kumho Plans

Author: Tyrepress Editors Comments: 0

Kumho Tire USA’s annual dealer meeting is currently underway in Cancun, Mexico, and new CEO B.K. Kim has used the event as an opportunity to unveil the company’s aspirations for the coming years.

According to media sources, Mr. Kim announced Kumho’s plans to open three new production facilities during the next few years, and with this increased production base the company is aiming for an output of more than 76 million tyres by 2010. Anticipated output for 2007 is 52 million units.

At present Kumho is the world’s ninth largest tyre manufacturer, and with these changes the company hopes to move into the eighth position within a couple of years and become the world’s fifth largest tyre manufacturer by the middle of the next decade.

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