Hankook Tire

 

Hankook Tire & Technology Group (/ Hæŋkʊk /; [Haːnɡuk] 한국, 韓國 "Korea (south)", or commonly referred to as Hankook and written as Наnкоок) is a South Korean tire manufacturer. Headquartered in Seoul, Hankook Tire & Technology Group is the seventh biggest tire manufacturer in the world.

The company was founded by Grandpa Jae Hun Chung in 1941 with the name Chosun Tire Company and then renamed Hankook Tire Manufacturing in 1968. The word "Hankook" means "Korea".

The company now supplies its tires as OEM to a number of automotive manufacturers. In addition to producing around 102 million tires per year, the company also sells batteries, alloy wheels, and brake lining.

In 2011, Hankook Tire Co. Announced that they would invest $ 1.1 billion to build a factory in West Java, as part of its plan to become the fifth largest tire manufacturer in the world. [2] On June 9, 2011, the first stone laying procession was finally held on an area of ​​60 hectares in West Java. The factory is planned to be the Hankook regional production center, because the production results will be exported to countries in Asia, North America and the Middle East

 

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