CLARKSVILLE, Tenn.—Hankook Tire America Corp. held a grand opening ceremony Oct. 17 for its first U.S. manufacturing facility. The $800 million plant in Clarksville is expected to bring 1,800 jobs to Tennessee, according to a company release.
The plant, Hankook's eighth facility worldwide, will produce 5.5 million units annually in its first phase. When the second phase of development is complete, Hankook Tire will double its production capacity to 11 million units annually. The plant enables Hankook to more efficiently provide tire dealers and consumers with products and services to meet the demands of the American market while supporting existing and future original equipment partners, according to the release.