News & Press
Kumho Tire set to start construction of its manufacturing plant in Macon in August
Kumho Tire will start construction of its long-awaited manufacturing plant in Macon in August, economic development officials and Kumho representatives announced Tuesday.
The plant, to be built on 150 acres in Sofkee Industrial Park, is expected to bring 450 jobs and start tire production in January 2016.
“Today is a great day for our company, and we are very pleased to announce this,” said Harry Choi, Kumho Tire North America president.
The project, first announced in January 2008, was delayed by the subsequent global financial crisis, but the company remained committed to Macon, he said, thanking local officials for their patience and commitment.
“We are proud to call Macon a Kumho hometown,” Choi said. This will be the Korean-based company’s first U.S. plant.
Initially, construction was pushed back to late 2009 or early 2010, but in fall 2009 it was delayed until the fourth quarter of 2013.
In September 2013, Choi said production wasn’t expected to start until 2016, so Tuesday’s announcement moves the schedule up by a year. Choi said last year that production could start at 3 million tires per year, with the potential for 10 million.
The original announcement called for a $225 million factory, but on Tuesday officials said Kumho will invest up to $413 million in the project.
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