Company/Division name | Hankook Tire & Technology Co., Ltd |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 397 |
Year reshoring announced: | 2022 |
Year reshoring implemented or to be implemented: | 2024 |
Offshore, work was done: | In-house |
Capital investment ($): | 612 |
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) reshored | Truck Bus and Radial (TBR) tires |
What domestic positive factors made reshoring more attractive? | Automation/technology, Infrastructure, Skilled workforce availability/training |