Kumho Tire resumes production after three-day halt

SEOUL, July 27 (Yonhap) -- Kumho Tire Co., South Korea's No. 2 tiremaker, resumed
production Monday at three plants nationwide where operations had been halted
since last week due to a strike, the company said.
Unionized workers at the tiremaker began their three-day strike Friday after
failing to reach an agreement with the management over a pay raise and other
incentives.
Kumho Tire said earlier it would fire 706 workers, 18 percent of its total
workforce, if the labor union did not accept proposals for a wage freeze and
reductions in fringe benefits.
The tiremaker's labor union has demanded a 7.48-percent hike in wages and bonus
payments. The dispute remains unresolved, but the union and the management have
said they will meet again to narrow their differences.
sam@yna.co.kr
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