Hankook announces major Clarksville plant expansion

URLhttps://www.theleafchronicle.com/story/news/local/
SourceLeaf Chronicle
Date Published02/24/2021
Author NameJimmy Settle
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Hankook Tire
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):361
Country(ies) from which reshored:Korea, Republic of
City reshored to:Clarksville
State(s) reshored to:TN
If relevant, work nearshored to:-
Industry(ies):Plastic & Rubber Products
Product(s) reshoredtires
What domestic positive factors made reshoring more attractive?Infrastructure, Skilled workforce availability/training
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