Kumho puts US plant on hold for one year

By Sigmund J. Mikolajczyk, Tire Business staff

Punta Cana, Dominican Republic — As executive after executive of Kumho Tire USA Inc. stood before dealers to pledge that “2009 would be a year of hope,” there was one blip on the supply-side radar screen that cast a shadow on their guarded optimism.

Plans for the tyre maker´s factory in Macon, Georgia, have been pushed back about a year due, in large part, to the continuing struggling global economy.

Dealers attending the company´s annual meeting, held at a Dominican Republic…

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