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

The new plant will be Kumho's first in the United States

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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