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Kumho Tire Co, Ltd. LSE: KHTC, formerly known as Samyang Tire, is a South Korean industrial conglomerate ("chaebol") headquartered in Gwangju, South Korea. Kumho means "bright lake" in Korean. It is a subsidiary of the Kumho Asiana Group, as is Asiana Airlines, South Korea's second largest airline.
[edit] Tire ManufacturerThe company runs three manufacturing facilities in South Korea, four in China, and one in Vietnam. Kumho Tire exports tires worldwide, and has a global network of sales organizations. It has three centers for research and development, with the largest in Gwangju, South Korea. The other two centers are in Akron, Ohio, USA and Birmingham, England, UK, servicing the US and European tire markets respectively. The company manufactures a full range of tires under the Kumho and Marshal brands. [edit] United States FactoryIn May 2008 Kumho Tires broke ground on a new manufacturing facility in Macon, Georgia. The factory is expected to produce as many as 2.1 million tires annually. In July 2008, the company announced that they would begin supplying tires for the 2009 Ford Focus.[1] [edit] AssociatesDaehan Tire since 1991. [edit] References
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