Kumho Tires Restart Plant Building in the US
Date:2014-06-30 Source:www.chinatrucks.com
www.chinatrucks.com: South Korean Kumho Tires announced recentlt that they will restart their plant building in the US which has been delayed for six years.
Kumho Tires started plant building in Macon, Georgia State in May 2008, and the project is invested by 165 million USD and the annual output is 2,100,000 tires, and the company announced that the project will be delayed for one year due to financial distress, and the company had another three year delay in October 2009.
The operating loss amounted to 117 million USD in 2009 and it started to profit the next year, and they announed to restart the plant building in Sept. 2013, and recently they submitted load application but the procedure still need some time to continue.
Views:0
share:
Related China Trucks News
- China asks WTO panel to probe U.S. tariffs on tires 2009-12-23
- Senators urge Obama to approve tariffs on Chinese tires 2009-07-21
- Eco-tour uses tires & navigation system made by Continental 2009-02-10
- Continental Tires opened 500th retail store in China 2009-01-12
- Bridgestone supplies Ecopia EP25 tires for Toyota 2008-11-19
Do You Want Any Help?
Submit Your Requirements, We Are Always At Your Service.
Hot News
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
Recommended Brands[more]
Recommended Trucks[more]
China Truck Statistics
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021
