Kumho Tire breaks ground on second tire plant in China

Seoul, South Korea–Kumho Tire Co. Inc. has broken ground on a second tyre plant in China, to be built near Tianjin with initial annual capacity of 5 million passenger and light truck units when it comes on stream in 2007.

The plant, which will be expanded to 12.5 million units annually long-term, is being built in the Tianjin Economical Development Area, located between the city of Tianjin and Tianjin Port. The project carries a price tag of $185 million, according to press reports in China.

The new…

To read more,please login or register below.

This is the first step to more free
content, user offers, subscriptions
and more.
Log in here using the Email Address
and Password you signed up with