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Official Site: HankookTire.com
Wikipedia: Hankook Tire Page Sections History Article Index |
History
The following section is an excerpt from Wikipedia's Hankook Tire page on 27 March 2020, text available via the Creative Commons Attribution-ShareAlike 3.0 Unported License.
The Hankook Tire & Technology group is a South Korean tire company. Based in Seoul, the Hankook Tire & Technology group is the seventh largest tire company in the world.
Hankook Tire was established by Jae Hun Chung's grandfather in 1941 as the Chosun Tire Company and was renamed to Hankook Tire Manufacturing in 1968. The word "Hankook" literally means Korea, thus Korea Tire Company.
The company now supplies tires as original equipment to various automakers. In addition to producing about 102 million tires annually, the company also sells batteries, alloy wheels, and brake pads.
Hankook Tire Co. has announced that the company will invest $1.1 billion to build a factory in West Java, Indonesia as part of a plan to become the 5th largest tire manufacturer in the world. On June 9, 2011 a ground breaking ceremony was held at a 60-hectare area as a regional hub production for export to Asian, North America and Middle East countries.
In October 2013, the company announced plans to open a new factory in Tennessee.
| Date | Article | Author/Source |
|---|---|---|
| 4 April 2004 | Hankook Tires Introduces New Corporate Logo And Corporate Identity Program | Hankook Tire American Corporation |
| 28 May 2014 | Hankook Tire America Corp, Grant of Petition for Decision of Inconsequential Noncompliance | Federal Register: NHTSA (Jeffrey M. Giuseppe) |
| 17 April 2020 | Hankook Tire America Corporation, Receipt of Petition for Decision of Inconsequential Noncompliance | Federal Register: NHTSA (Otto G. Matheke III) |
| 28 August 2020 | Hankook Tire America Corporation, Receipt of Petition for Decision of Inconsequential Noncompliance | Federal Register: NHTSA (Otto G. Matheke III) |
| 7 February 2022 | Hankook Tire America Corp., Receipt of Petition for Decision of Inconsequential Noncompliance Hankook Tire America has determined that certain Hankook Ventus S1 Noble2 passenger car tires do not fully comply with Federal Motor Vehicle Safety Standard No. 139, New Pneumatic Radial Tires for Light Vehicles, and part 574, Tire Identification and Recordkeeping. | Federal Register Notice  (text)Agency: National Highway Traffic Safety Administration Byline: Otto G. Matheke III Topic: Hankook |
| 3 August 2023 | Passenger Vehicle and Light Truck Tires From the Republic of Korea: Preliminary Results of Antidumping Duty Administrative Review; 2021-2022 The Department of Commerce preliminary determines that Hankook Tire Mfg Co. and Nexen Tire Corporation made sales of passenger vehicle and light truck tires from the Republic of Korea at prices below normal value during the period of review. | Federal Register Notice (text) Agency: International Trade Administration Byline: Lisa W. Wang Topics: Hankook, Nexen |