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Kumho Tire Announces Labor-Management Agreement to Rebuild Gwangju plant... "Current Employees' Employment Will Be guaranteed."

Summary by Naver
Kumho Tire announced an agreement on the reconstruction of its Gwangju plant on the 30th. The agreement includes the following: 1) production of 6,000 units per day at Gwangju Plant 1 within the year; 2) construction of the first phase of the new Hampyeong plant with an annual production target of 5.3 million units; and 3) expansion after the final sale of the site.
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NaverNaver

Kumho Tire Announces Labor-Management Agreement to Rebuild Gwangju plant... "Current Employees' Employment Will Be guaranteed."

Kumho Tire announced an agreement on the reconstruction of its Gwangju plant on the 30th. The agreement includes the following: 1) production of 6,000 units per day at Gwangju Plant 1 within the year; 2) construction of the first phase of the new Hampyeong plant with an annual production target of 5.3 million units; and 3) expansion after the final sale of the site.

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Naver broke the news in on Wednesday, July 30, 2025.
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