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Article: BUSINESS IN ASIA TODAY - JAN 29, 2008.

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AsiaPulse News
Article date:
January 29, 2008
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Business in Asia on Jan 29, 2008. A summary prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, market intelligence and business opportunities:

KUMHO TO BUILD NEW TIRE FACTORY IN U.S.

SEOUL - South Korea's Kumho Tires Co. (KSE:073240) said Monday that it has signed an investment contract to build a tire plant in the United States. The deal with Macon-Bibb County, Georgia calls for US$165 million to be invested to build a plant that can produce up to 2.1 million ultra-high-performance tires a year, the company said. Construction on the 500,000-square-metre plot of land is to begin in the first half of ...

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