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Hankook Tire America To Locate North American Headquarters in Nashville, Tennessee

04/13/2016
South Korea-based Hankook Tire America Corp. will locate its North American headquarters in Nashville, Tennessee. The global tire manufacturer will invest approximately $5 million and create up to 200 jobs in Davidson County.

Hankook plans to relocate its headquarters in Tennessee to service North American markets. The company is in the process of looking for space for its headquarters in downtown Nashville. This is the second facility in Tennessee for Hankook. In 2014, the company broke ground on a state-of-the-art manufacturing facility in Clarksville that will be completed by the end of this year.

"I am delighted to announce that Hankook Tire will move our American headquarters to Nashville later this year,” Hankook Tire Vice Chairman/CEO Mr. Seung Hwa Suh said. “We believe by relocating our headquarters to Nashville, Hankook Tire can benefit from the people, resources and infrastructures of Tennessee, and we hope it will provide job opportunities and contribute to the Tennessee economy."

“By choosing Nashville for the location of its North American headquarters, Hankook Tire continues to help make our state known as a worldwide leader in the automotive sector. This will be the company’s second facility in Tennessee – an investment that brings us closer to our goal of becoming the No. 1 location in the state for high quality jobs, and we thank Hankook for its commitment to creating jobs in Tennessee,” said Governor Bill Haslam.

“We are thrilled that Hankook Tire has chosen to locate its U.S. headquarters in Nashville and bring up to 200 jobs here,” Nashville Mayor Megan Barry said. “Hankook Tire joins a growing number of international firms who have chosen to invest in Nashville and become cherished members of our community.”

TVA Senior Vice President of Economic Development John Bradley said, “We are pleased to partner with Nashville Area Chamber of Commerce and Metropolitan Government of Nashville and Davidson County, and Tennessee Department of Economic and Community Development to help companies like Hankook Tire create new jobs and prosperity in the Valley.”

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