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Kumho Tire Acquires Tangible Assets Worth 116.1 Billion KRW

Kumho Tire announced on the 28th that it will acquire land and buildings located in the Phase 2 project area of the Bitgreen National Industrial Complex in Hampyeong-gun, Jeollanam-do.


The land area is 500,000㎡ (approximately 151,250 pyeong), and the acquisition amount is 116.08417 billion KRW.


The purpose of the acquisition is to secure a new site for relocating Kumho Tire's Gwangju factory.


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