In response to the coronavirus outbreak, Hankook Tire and Technology Co., ltd. will idle production at plants in Clarksville, Tenn. and Raclamas, Hungary on March 30. Warehouses will continue operation supported by plants in Asia.
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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 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