ranjit | Feb 19, 2018 | 0
Hankook opens first US plant in Tennessee
Hankook Tire has opened its first US manufacturing facility in Tennessee to enhance its global production portfolio. The tyre maker has conducted a grand opening ceremony of the plant. The Tennessee plant will further strengthen Hankook Tire’s global production portfolio. The company now operates a network of manufacturing bases located in all major automobile regions, such as America (USA), Europe (Hungary) and Asia (Korea, China, Indonesia). Governor Bill Haslam, United States Representative Marsha Blackburn, Korean Consul General Seong-jin Kim were present during the function.
“The new Tennessee plant signifies Hankook Tire’s growing business in the US and our continued journey toward being a global leader in the tyre industry. The investment in the US is part of our ongoing commitment to innovation, state-of-the-art technology and service for our customers. This high-tech, sustainable facility will enable Hankook Tire to execute every phase of our business in the US, from R&D to production and sales,” said Seung Hwa Suh, Global CEO of Hankook Tire.
The Tennessee plant is Hankook Tire’s eighth plant worldwide and expands the company’s global footprint of state-of-the-art manufacturing facilities that serve customers globally. It will produce 5.5 million units annually, enabling Hankook Tire to more efficiently provide customers and consumers with premium quality tyres and industry-leading services to meet the demands of the American market, while supporting existing and future global Original Equipment (OE) partners.
“Hankook Tire incorporated sustainable design and construction practices in the development of the 1.5 million square foot facility, which spans 469 acres. The Tennessee plant will produce tyres for Passenger Cars, SUVs- and Light Trucks from Hankook Tire’s extensive North American lineup. Leveraging top-tier technology and highly automated processes, the new facility will be Hankook Tire’s key business growth driver in the North American market,” the company said in a statement.