Hankook Tire to Locate North American Headquarters in Nashville, Tennessee

URLhttp://www.economicdevelopmenthq.com/blog/hankook-
SourceEconomic Development Blog
Date Published04/13/2016
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hankook Tires
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):200
Year reshoring announced:2016
Domestically, the work will be done:In-house
Capital investment ($):5
Country(ies) from which reshored:Korea, Republic of
City reshored to:Nashville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredAutomotive Tires
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure (transport, internet, power)
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