RANCHO CUCAMONGA, Calif. (March 23, 2009)—Although it has yet to build its tire plant in Macon, Ga., Kumho Tire USA Inc. is among 15 corporations nationwide to receive a magazine award for investing in a local community.
In special recognition for corporate investment, the Rancho Cucamonga-based tire marketer has been given a CiCi award from Trade & Industry Development Magazine. The publication recognizes corporate locations and investments with a focus on both the company investing in the community, according to Kumho, and the economic developers responsible for securing that investment.
Kumho is committed to meeting the distribution, inventory and sales needs of its dealers, said Sae-chul Oh, president and CEO. “The opening of our 150,000-sq.-ft. facility will support our aggressive growth strategy and commitment to the Macon community.”
Because of the continuing struggling global economy, the company recently told its dealers plans for the Macon factory have not been killed but have been pushed back. Construction has been delayed for one year while company officials “sit back and reevaluate how to best use that facility,” executives said at the firm's dealer meeting in Punta Cana, Dominica Reputlic.
It was intended to supply both the original equipment and replacement markets and is targeted to produce 31.5 million units once fully online.