Kumho Tire to set up new plant in Nanjing Pukou Economic Development Zone, integrate operations of two existing plants  [ China ] [ Korea ]

Kumho Tire Co., Inc. announced that it will transfer and integrate the operations of its two plants in Nanjing, China to a new plant it will construct in the Nanjing Pukou Economic Development Zone. The company plans to invest USD 500 million in this project. The new plant, which will cover approximately 445, 000 square meters, is expected to be completed by June 2016. The relocation project is...