Auto123.com - Helping you drive happy

Hankook Tire invests in first U.S. plant

|
Obtain the best financial rate for your car loan at Automobile En DirectSpeedy
Khatir Soltani
Hankook Tire will invest $829 million CAD to build its first American plant in Clarksville, Tennessee. Construction will begin next year, and tire production is expected to start in 2016.

Nearly 1,800 full-time jobs will be created as a result.

“This new facility will help Hankook Tire accomplish our plan to establish a production base in all major markets,” said Mr. Seung Hwa Suh, Vice Chairman and CEO of Hankook Tire. “We will be able to provide our customers, consumers and vehicle manufacturers with high quality tires and industry leading service to meet the demands of the American market.”

Source: Hankook Tire Canada

Hankook Tire
Photo: Hankook Tire


Khatir Soltani
Khatir Soltani
Automotive expert
  • Over 6 years experience as a car reviewer
  • Over 50 test drives in the last year
  • Involved in discussions with virtually every auto manufacturer in Canada