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The Hankook Tire group, based in Seoul, South Korea is the seventh largest tire company in the world . Established in 1941 as the "Chosun Tire Company", it was renamed "Hankook Tire Manufacturing" in 1968.
Hankook Tire's worldwide reputation has largely grown due to its radial tire and bias-ply tire production. The company now supplies tires as original equipment to the Ford Motor Company, General Motors, International Truck and Engine Corporation, and others. In addition to producing about 50 million tires per annum, the company also sells batteries, alloy rims, and brake pads.
Additional recommended knowledge
Facts and figures
These are quoted from Hankook's European website.
The company has its main office in Korea, and has manufacturing facilities in Korea, China, and Europe.
Hankook controversy in Hungary
Hankook received more than $10 million from the Hungarian government to create jobs. Hankook for the second time however breached various parts of the labour law and regulations. They have been fined $40,000 and $80,000.
|This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Hankook_Tire". A list of authors is available in Wikipedia.|