Kumho Tire Overview
Company Headquarters: Gwangju, South Korea
Founded: 1960
Workforce: ~9,600
Company Working: Kumho Tire is engaged in the production and sale of tires for passenger cars, sports utility vehicles (SUVs), recreational vehicles (RVs), trucks, buses, and racing cars. It has nine sales branches and 17 branch offices across nine countries, and five research and development centers and eight manufacturing facilities across 4 countries, globally. The company sells tires under brands, such as Solus, ECSTA, Ecowing, Sense, and WinTERCRAFT.
In 2018, Doublestar Group, a leading tire manufacturer in China, acquired a 45% stake in Kumho Tire for approximately USD 590 million. Through this, it will increase its share in the green market by combining its products, technologies, manufacturing capabilities, and services with that of the Group.
Its subsidiary network includes Kumho Tire U.S.A., Inc., Kumho Tire Europe Gmbh, Nanjing Kumho Tire Co., Ltd, Kumho Tire (H.K.) Co., Limited, Kumho Tire (Tianjin) Co. Inc., Kumho Tire Georgia Inc., and Kumho Tires Canada Inc.



