Kumho Tire has set plans to construct a 350,000-square-feet warehouse in St. Mary Parish. The project will cost millions of dollars and will precede a distribution center in Franklin.
The warehouse will be used as a distribution center for Kumho tires made of natural rubber. Currently, the company makes 17-inch passenger and light truck tires.
The development will contribute significantly to the public-private partnership with the Port of New Orleans. A container terminal will also be set up, increasing the import and export capacity.
Kumho’s facility will have the capacity to make 5 million tires every year. It is expected to create more than 200 full-time jobs. The company’s commitment to the area is an indication of the growth that’s coming at the Port of New Orleans.