TYM

TYM Group plans to invest over $20 million in manufacturing facilities in Rome, Georgia, USA, including a 142,500 sq ft factory and expanded parts center, to increase annual tractor production from 30,000 to 50,000 units. Construction starts May 2022 with completion by June 2023, creating over 150 jobs.

South Korean agricultural machinery manufacturer TYM will build a tractor plant in Rome, Georgia at a cost of $20 million. The 13,223-square-meter facility will include component manufacturing and a training center, targeting completion in June 2023, and will help increase annual tractor production capacity to 50,000 units.

TYM announced it will absorb and merge its subsidiary KAM Holdings, which was established as a special purpose corporation for the acquisition of International General Machinery Co., Ltd.