Kumho US plant back on track
On 5 September, representatives from Kumho and leaders of Macon-Gibb County in the US state of Georgia jointly announced that an agreement has been reached that will allow the tyre maker’s Kumho Tire Georgia, Inc. unit to begin construction of its tyre plant. Kumho will initially invest around US$200 million to build the plant on a 150 acre site within the Sofkee Industrial Parklocated in Macon, Georgia. The plant will employ more than 300 people and mainly service the North American markets.