Creditor funding for Kumho US plant approved; production to start early 2016

Kumho Tire has announced that work will resume on its tyre plant in the US state of Georgia. In a Korean-language statement issued 30 June, the company said it had approved an investment by creditors, and anticipates that the US$413 facility will be complete in early 2016. This information was confirmed the following day by the Macon-Bibb County Industrial Authority.

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