Kumho Tire, a subsidiary of the Kumho Group of the Republic of Korea, began construction of a tire production base in Korea's Tianjin Development Zone.Kumho Tire, a subsidiary of the Kumho Group of the Republic of Korea Korea (kôrē`ə, kə–), Korean Hanguk or Choson, region and historic country (85,049 sq mi/220,277 sq km), E Asia. , began construction of a tire production base in Korea's Tianjin Tianjin or Tientsin (both: tyän`jĭn`), city (1994 est. pop. 4,720,500), NE China. In E central Hebei prov., it is a politically independent unit (4,400 sq mi/11,399 sq km) administered directly by the central government. Development Zone. The project will involve an investment of $185 million in the first phase, and $130 million in the second phase. It is expected to form a final annual output capacity of 10.4 million radial radial /ra·di·al/ (ra´de-al) 1. pertaining to the radius of the arm or to the radial (lateral) aspect of the arm as opposed to the ulnar (medial) aspect; pertaining to a radius. 2. tires. |
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