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South Korea’s Kumho Tire plans to invest $305 million to expand its plant in Vietnam. The expansion, when completed in the first quarter of 2023, is expected to nearly double the plant’s capacity to 9.3 million tires a year. “After considering our plans to…
Creditors of Kumho Tire gave formal notice this week that they will hold an open auction for their respective holdings in the South Korean tyre manufacturer with preliminary bidding scheduled to start in early November. The creditors involved are eight…
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