Kumho Tire Co., Inc.

Company Profile

■URL

http://www.kumhotire.com/eng/main/main.asp

■Address

658, Eodeung-daero, Gwangsan-gu, Gwangju, Korea

Business Overview

-The Company is the tire manufacturing unit of the Kumho Asiana Group.

Shareholders

(As of Dec. 31, 2016)

Major shareholder Investment Ratio (%)
Woori Bank 14.15
Korea Development Bank 13.51
National Pension Service 10.05
Total 37.71

Products

Tires
Tubes
Flaps

History

Sep. 1960 The Company was established.
Dec. 1974 Gwangju Plant was completed.
Nov. 1976 Its total production volume for the year reached 1 million tires, a record number among Korean tire suppliers.
Sep. 1981 The Company established the Central Technical Center in Gwangju.
Oct. 1989 The Company completed construction of its plant in Gokseong, Jeollanam-Do.
Oct. 1990 The Company established Kumho American Technical Center (KATC) in Ohio, U.S.A.
Feb. 1994 The Company became the first Korean tire supplier to be ISO9001 certified.
Nov. 1996 The Company established Nanjing Kumho Tire Co., Ltd. to manufacture tires in China.
Jun. 1998 The Company established Kumho Tire Europe Technical Center (KETC) in the U.K.
Nov. 2002 The Company developed the industry's first high-performance 26-inch tires.
Jun. 2003 The tire division of Kumho Industry Co., Ltd. was spun-off and incorporated as Kumho Tire Co., Ltd.
Nov. 2003 The Company moved its headquarters from Seoul to Gwangju.
Dec. 2003 The Company completed construction of its new plant in Pyeongtaek, Gyeonggi-Do.
Feb. 2005 The Company was listed on the Korea stock exchange.
Jul. 2006 The Company established Kumho Tire (Tianjin) Co., Inc., a new manufacturing subsidiary in China.
Sep. 2006 The Company established Kumho Tire China Technical Center (KCTC) in Tianjing, China.
Oct. 2006 The Company developed the industry's first 32-inch tires for SUVs.
May 2007 The Company started building a new plant in Nanjing, China to produce radial tires for trucks and buses.
Jun. 2007 The Company completed construction of a new plant to manufacture natural-rubber parts in Vietnam.
Jul. 2007 The Company completed construction of a new plant in Changchun, China.
Mar. 2008 The Company completed construction of a tire plant in Vietnam.
Mar. 2008 The Company established Kumho Tire Georgia, Inc. in U.S.A
May 2008 The Company began construction of a research facility Yong-in City, Gyeonggi-do.
Nov. 2008 The Company completed construction of a new plant in Nanjing, China.
Sep. 2013 The Company established the Central R&D Center in Yong-in, Gyeonggi-do.
Jan. 2015 The Company decided to move and integrate its existing plants in Nanjing to a new site, and started construction of a new facility.
May. 2016 The Company held a ceremony to celebrate the completion of a new tire plant in Macon, Georgia, U.S.

Supplemental Information 1