Reports from Macon, Ga., indicate that construction has been delayed on Kumho Tire’s new $240 million tire plant in that area.
The tiremaker, according to the report, said that current global economic conditions and a general slowdown in the auto industry were to blame for the delay.
The plant, said Kumho, will be completed, but the timetable has been shifted. No new timetable was announced. The plant was scheduled to open in December 2009. (Courtesy of Tire Review)