Dated: AUG 01, 2012 Kumho Tire U.S.A. , Inc. (Kumho) is recalling certain Kumho Solus KH25 passenger car tires, size 225/45R17, produced in the weeks of 3411 through 2512 (August 21, 2011 through June 23, 2012). The aff. … Related news: New Tyre Cord Factory Earmarked for Vietnam Kumho OE for Mercedes Sprinter Kumho, Samsung […]
Korea’s Yonhap News reports that Kumho Tire reached a tentative wage agreement with the union representing workers at its domestic plants on 25 September. The deal is said to have been made following “overnight marathon negotiations.” Under the agreed-upon terms, the tyre maker will give workers 2.5 million won (£1,380) and 50 per cent of their monthly wages as lump-sum incentive payments. The agreement will be subject to a union vote on 27 September.
Following news of his departure from South Korean manufacturer Kumho yesterday, Falken has appointed Matt Smith to lead its activities in the UK and Ireland. Smith brings with him over 15 years’ experience working in the UK tyre industry. Smith is tasked with building sales of Falken’s fresh tyre range that includes five new launches since the start of the year.
Kumho Petrochemical chairman Park Chan-koo has plans for the company’s future as a top global chemical-making company, marking over 20 trillion won in annual revenue with 20 original high-quality products that are number one in their respective sector by 2020.
Kumho Tyre UK is set to appoint a new sales director for the UK and Ireland, following the departure of Matt Smith. According to the company, members of senior management team will take over his responsibilities until a successor is in place.
While work on Kumho Tire’s greenfield project in the US is still on hold, the long wait to restart may soon be over. Georgia-based television station 13WMAZ reports Macon-Bibb County Industrial Authority chairman Clifford Whitby as saying “we are getting very close to be able an announce a date when Kumho will be able to start construction.”
In a disclosure submitted to the Korea Stock Exchange, Kumho Tire reports that the strike announced on 16 August is already over. The tyre maker says normal production resumed at both its Gwangju and Gokseong plants in South Korea on 17 August. Kumho Tire shares rose 3.6 per cent following this announcement.
Britain may never have been the first name you thought of when jotting down a list of the world’s top taekwondo nations, but team GB Taekwondo’s performance at the London Olympics shows we pack a powerful kick. Kumho Tyres, as official partner of GB Taekwondo, has congratulated the team for Jade Jones’ gold and Lutalo Muhammad’s bronze at the recent games.
Unionised workers at Kumho Tire’s Gwangju and Gokseong factories in South Korea have gone on strike, the Yonhap News Agency reports. According to Yonhap, the workers’ union said a general strike began on 16 August in order to secure higher wages; a walkout took place in the Gwangju plant at 6:30am and half an hour later in Gokseong. The news service shares that the strike follows the end of a union-led partial walkout by 3,100 workers that lasted a month and also centred on wage and “other outstanding differences.”
Bridgestone staff raised more than £700 for Acorns Children’s Hospice at the company’s recent Olympic-themed sports day. The fundraiser saw staff at the company offices in Leamington Spa competing in events such as rowing, cycling and archery. Local paralympian Anna Turney, who is currently being sponsored by Bridgestone, was invited to award prizes for each individual discipline, as well as an overall team winner.
After initial documentation suggested in excess of 40,000 Kumho Solus tyres were being recalled in the US, on 9 August National Highway Traffic Safety Administrion (NHTSA) officials wrote to the Korean tyre maker revising down the figure to 1,238.
Kumho Tire U.S.A., Inc. has recalled a number of its Solus passenger car tyres due to a sidewall cracking issue. According to the company’s submission to the US National Highway Traffic Safety Administrion (NHTSA), certain 225/45 R17 Kumho Solus KH25 produced 21 August 2011 through 23 June 2012 have an issue which could develop into cracking in the sidewall, which could result in air loss and in turn in a potential tyre failure.
Kumho Tire USA has signed on as this year’s premier tyre sponsor for the California-based Inland Empire Auto Show, which takes place on 24 to 26 August. Explaining its decision to serve as show sponsor, the tyre maker’s US operation says that “with a recent upswing in the economy, Kumho Tire management stated it felt the need to begin placing the company in a greater light in front of its core consumers, the auto enthusiasts.”
Guangzhou, China-based newspaper Yangcheng Evening News reports that Kumho intends to capture 15 per cent of China’s high-end tyre market. The newspaper quoted an unknown company source as saying Kumho is increasing its activities in this area, and as part of this it intends to open 350 new retail outlets in China by the end of the year.
The GB Taekwondo team has begun its final preparations for London 2012, and as the squad limbers up to kick its rivals into next week GB Taekwondo has announced a new partnership with Kumho Tyre UK, a company every bit as Korean as the sport its members practice.
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