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Hoosier Racing Tire [39] USA: 1957 Hoosier: Hutchinson SNC [40] France: 1957 Hutchinson Tires Inoue Rubber [41] Japan: 1926 IRC Tires Kelani Tyres Sri Lanka: 1990 CEAT [42] Kenda Rubber [43] Taiwan: 1962 Kenda, Kenda radial Kumho Tires [44] [45] South Korea: 1960 Admiral, Marshal, Kumho, Zetum, Trailfinder [46] Madras Rubber Factory [47] India ...
In July 2018, a Chinese company Doublestar finalized a deal to acquire Kumho Tire Co., Ltd. from Kumho Asiana Group in a $607 million deal, giving to Doublestar a 45 percent stake and control of South Korea's second-largest tire manufacturer. [8] Kumho Tire Co.,August 19 2024, it started supplying tires for Volkswagen's Multivan T7 model this ...
In 2022, American Tire Distributors sold their Canadian operations (National Tire Distributors) to Groupe Touchette. [15] In October 2024, ATD filed for Chapter 11 bankruptcy protection for the second time, listing assets and liabilities between $1 billion and $10 billion. The company plans to sell itself to new owners in efforts to eliminate debt.
Kumho Tire Georgia Inc. faces a total of $271,930 in penalties. Kumho Tire Georgia is a Chinese and Korean-owned tire manufacturer that employs approximately 560 workers from both Korea and the U.S.
Doublestar was founded in 1921 as a shoe company. In 2001, Doublestar acquired Huaqing Tire, and in 2005 it acquired Dongfeng Tire. In 2008, its shoe and clothing businesses were divested from the group and switched to tire production. [1] In July 2018, Doublestar purchased a 45% share of Kumho Tire from the Kumho Asiana Group. [2] [3]
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