Gwangju Employers Federation Welcomes Resumption of Kumho Tire Plant Operations After Six-Month Shutdown
The Gwangju Employers Federation has welcomed the resumption of operations at Kumho Tire's Gwangju plant, which had been shut down for six months due to a major fire.
In a press release issued on November 13, the Gwangju Employers Federation stated, "Back in July, we expressed our gratitude on behalf of the local business community for the labor-management agreement regarding the reconstruction of the Kumho Tire Gwangju plant and the construction of the new Hampyeong plant." The statement continued, "It is more valuable than any other achievement that, despite the major fire accident, the Kumho Tire Gwangju plant was able to reach an agreement after intense discussions lasting about a month, with the guarantee of employment for its members as a precondition."
The Federation added, "With the completion of equipment restoration at Gwangju Plant 1, the parties have agreed to resume production at 4,000 units per day, and plan to gradually improve the process to increase output to between 6,000 and 10,000 units per day. This is expected to make a significant contribution to the recovery of the local economy." The statement further explained, "At the Kumho Tire Gwangju plant, Plant 1, which was not damaged by the fire, will handle the molding process of combining semi-finished products and the vulcanization process to form tires, while Plant 2 will use some undamaged equipment to conduct inspection, selection, and shipping processes."
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Additionally, the Federation stated, "We will continue to work closely with the relevant authorities and the local community for the swift normalization of the Kumho Tire Gwangju plant, sparing no resources." The statement concluded, "Once again, we sincerely welcome the resumption of operations at the Kumho Tire Gwangju plant and wish for Kumho Tire to overcome this crisis and emerge as an even stronger global company in the future."
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