Kumho Tire boosting capacity at fire-damaged site, confirms new factory project
Kumho Tire has announced a significant labour-management agreement that outlines the phased reconstruction and relocation of production facilities in South Korea following a major fire at its Gwangju site in May. The agreement includes the immediate restoration of operations and capacity increase at Gwangju Plant 1 and the development of a new factory in nearby Hampyeong County. Kumho Tire aims to begin full operations at this new plant early in 2028.