DAYTON, N.J. (May 16, 2011)—Hankook Tire America Corp. has signed a lease for more than 400,000 square feet of space in a warehouse in Dayton, where it plans to relocate its existing warehouse distribution resources for the area this summer.
The warehouse, which will replace Hankook's location in Edison, N.J., can hold about 610,000 passenger, light truck and commercial truck tires—a 70-percent increase over the Edison warehouse—a spokesman for the company said.
The date of opening for the new warehouse has not been determined, the spokesman said, but Hankook expects it to go online sometime this summer.
The company has no other immediate plans for additional warehouses.