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Kumho Tire to build plant in Europe

Author: Stephen Goodchild Comments: 0
Kumho Tire currently imports the tyres it sells in Europe from plants in Asia (Photo: Stephen Goodchild / Tyre Industry Publications Ltd)

In response to an article that The Korea Economic Daily published this morning, Kumho Tire has confirmed that it is considering establishing a new factory in Europe. The company indicates this interest in a disclosure to the Korea Stock Exchange but adds that it has not yet decided precisely how much it will invest in the project, nor its exact timing. Kumho Tire intends to supply further information within the next month.

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