Hankook Tire America Corp.
Hankook Clarksville

Hankook to expand Tennessee plant for third time

Aug. 30, 2022
The South Korean tire maker is spending more than $600 million and will grow its workforce northwest of Nashville to more than 2,000.

Executives of South Korean tire manufacturer Hankook Tire America Corp. plan to invest $612 million into a Tennessee plant they opened in 2017 so that it can begin producing truck and bus tires.

The expansion at Hankook’s factory in Clarksville, northwest of Nashville, will be Hankook’s third since it broke ground on the facility in 2014. The latest project will add nearly 400 jobs to the plant by 2027, growing Hankook’s payroll in Tennessee—which includes its North American headquarters in Nashville—to about 2,300. A second expansion already underway will double passenger car and light truck tire production and create about 800 jobs.

Word of its new plans comes just days after Bridgestone Americas said it will expand its truck and bus tire plant southeast of Nashville, a project that will add 380 jobs and focus on integrating new technologies into that company's tires.

“Through a focus on sustainable construction and innovative manufacturing, the new phase of our Tennessee plant will provide an effective local-to-local supply chain to more effectively fulfill customer demand,” Hankook Tire America President Sooil Lee said in a statement. “Additionally, we are extremely proud to continue to support the local economy.”

For more on Hankook's plans, visit our sister brand IndustryWeek.

About the Author

Geert De Lombaerde | Senior Editor

A native of Belgium, Geert De Lombaerde has more than two decades of business journalism experience and writes about markets and economic trends for Endeavor Business Media publications FleetOwner, Healthcare InnovationIndustryWeek, Oil & Gas Journal and T&D World. With a degree in journalism from the University of Missouri, he began his reporting career at the Business Courier in Cincinnati and later was managing editor and editor of the Nashville Business Journal. Most recently, he oversaw the online and print products of the Nashville Post and reported primarily on Middle Tennessee’s finance sector as well as many of its publicly traded companies.

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