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Hankook starts construction work at US plant

The world’s seventh largest tyre maker Hankook Tire held groundbreaking ceremony at its first US-based plant in Tennessee on October 10.
With this plant, the company will tap demand in the North American market. According TO the Hankook Tire, the plant is scheduled to start in 2016 and will have an annual production capacity of 12 million tyres.
In the first quarter of 2014, Hankook Tire reported a moderate increase in ultra-sales performance tyre segment sales with a 3.6% growth in the North America from the same quarter last year.

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