top of page

Hankook to begin construction of US plant

Rubber and Plastics News reports that Hankook Tire plans to break ground later this year on its first factory in the US, a passenger and light truck tire plant in Clarksville, Tennessee. Once groundbreaking takes place the plant should take about 18 months to complete, putting in on-stream in 2016. The plant is budgeted at $800 million, and will have an initial capacity of 6 million tires/year, rising to 11 to 12 million tires/year in a second phase. Byeong Jin Lee, president of Hankook Tire America Corp., announced the schedule at Hankook’s Partners Day in Jamaica on Feb. 18. The plant will be the largest tenant at the Clarksville Business Park.

0 views0 comments

Recent Posts

See All

Bridgestone will divest Russian operations

On October 31, Bridgestone Corporation announced it will sell all of its assets in Russia due to the war in Ukraine. The process could take several months. Bridgestone is seeking a buyer for its 80.6

Nokian chooses Romania for new tire plant

Nokian Tyres has announced the location for its new tire plant — Oradea, Romania. The investment will total Euro 650 million and construction is scheduled to begin in early 2023. The factory is expect


bottom of page