GM was on the verge of going under along with Chrysler. While Kumho mainly sells its tires to Kia and Hyundai, the American public, with layoffs hitting every employment sector, stopped buying cars. But that was only part of it. The banking industry was in no mood to finance large or small projects, and the company, like many others, had to restructure its debt. Now, with a growing economy, Kumho is back on track. However, more patience is needed. Construction won’t begin until 2015.
The plant will be looking to fill 300 good paying jobs. Central Georgia Technical College is already in the loop to prepare the workforce for Kumho’s arrival. Students in high school need to start developing technical and math skills.
As president of Kumho Tire North America Harry Choi said at the announcement, “Sometimes the best things in life are worth waiting for.”