S.Korea Kumho Tire to invest $108 mln in China

Newswire

SEOUL, July 27 (Reuters) - Kumho Tire , South Korea's No.2 tyre maker, said on Friday it would invest $108 million to expand its plant in China. Kumho said in a filing with the Korea Exchange that the factory would double its capacity to 6.3 million units a year with the expansion.

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