South Korea: New Nexen Tire plant on schedule

Nexen Tire Corporation has confirmed that the company's new passenger tyre plant in Changnyeong, South Korea is on schedule to commence production around March 2012. Construction of the Won 1.2tr (US$1.1bn) facility commenced in July 2010. According to a Modern Tire Dealer report, the plant is part of a 5.3 million Subscribe to Automotive World … Continued

• By Webmaster
• November 16, 2011