Tire-Maker Hankook To Build $800M Plant in Tenn.

Date Published10/14/2013
Author NameErik Schelzig, AP
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hankook
Parent companyHankook
Type of work Manufacturing
If manufacturing, is the company an OEM? Unknown
If manufacturing, is the company a contract manufacturer?Unknown
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1800
Year reshoring announced:2013
Year reshoring implemented or to be implemented:2014
Capital investment ($):800
Country(ies) from which reshored:Korea, Republic of
City reshored to:Clarksville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredtires
What domestic positive factors made reshoring more attractive?location, Location
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