Hankook Welcomes New Director of Sales and Marketing Director in Canada

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Hankook Tire has announced John Overing will be the company’s new director of sales and marketing in Canada. Overing will oversee the region’s sales team and will be instrumental in identifying opportunities for growth within the Canadian market.

Overing joins the company with more than 18 years of experience in the tire industry, bringing with him a wealth of knowledge and industry expertise.

Read the source article at Tire Review

Hankook income drops in third quarter, nine months

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SEOUL, South Korea—Hankook suffered double-digit drops in operating income for the quarter and nine months ended Sept. 30, despite increased sales for both periods.

Read the source article at Rubber and Plastics News

Hankook Tire to highlight Laufenn Brand at SEMA 2017

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Hankook Tire announced that the company’s Laufenn brand showcases at 2017 SEMA Show for the third consecutive year during October 31st and November 3rd at the Las Vegas Convention Center. The Laufenn brand offers consumers seeking value, quality and style a wide range of quality products to meet a variety of driving conditions. The brand represents both a symbolic and tangible proof point for Hankook Tire’s vision to growth in the global automotive market.

Read the source article at Traction News

Hankook Tire opens its first US manufacturing plant

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Hankook Tire held its grand opening ceremony for its first manufacturing facility in the U.S., underscoring its commitment to technology, innovation and growth in North America. The development of the Tennessee Plant is integral to Hankook’s strategic vision of becoming a top-tier tire brand, while providing high-quality, made-in-USA products to its customers.

Read the source article at Traction News

Hankook introduces its first tire made in America

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Hankook Tire is expanding its passenger tire segment with the release of the KINERGY PT (H737), a premium touring all-season tire, the company’s first tire made exclusively in the U.S. at its new plant in Clarksville, Tenn. The KINERGY PT is optimized for long-distance travel, safety and driving performance through enhanced traction.

Read the source article at Traction News

Goodyear, Giti, Hankook plants set to come online

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AKRON—Tire manufacturing in North America is due for a sizable boost over the coming few months as Goodyear, Hankook Tire America Corp. and Giti Tire Group commission commercial-scale production at new factories in Mexico and the U.S.

Read the source article at Rubber and Plastics News

Global tire rankings: Bridgestone reigns supreme again

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AKRON —Status quo reigned over the 2017 global tire rankings, even as the estimated value of the entire industry declined for a third straight year.

Read the source article at Tire Business

Tire makers commit more than $7.3B on new plants, expansions

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AKRON — The world’s leading tire makers committed more than $7.3 billion in the past year toward new plants and capacity expansions, a measurable drop from record spending of $10 billion-plus in 2015-16 but still ahead of the annualized average for the past decade.

The investment sum was buoyed by nearly $3.3 billion in spending on acquisitions, deals that involved companies with collective annual sales of more than $2.5 billion — including Qingdao Doublestar Tire Co. Ltd.’s still-pending $830 million bid to buy what amounts to a controlling interest in South Korea’s Kumho Tire Co. Inc.

Read the source article at Tire Business

Hankook Tire Concept Tires at IDEA Awards

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A pair of futuristic concept tires earned Hankook Tire both Bronze and Finalist awards at the 2017 International Design Excellence Awards (IDEA) ceremony.

The International Design Excellence Award is a premier international design competition sponsored annually by the Industrial Designers Society of America (IDSA) and judged by top design experts across the globe. It is known as one of the world’s top three most prestigious awards alongside the iF Design Award and the Red Dot Award.

Read the source article at Tire Review

Hankook Sound Absorber: Keeping the Peace

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There’s no question that a big part of the luxury auto experience is a quiet ride, but it can be difficult to achieve when the vehicle’s characteristics call for performance tires. Hankook says it has addressed the problem with its new Sound Absorber technology, which will be used on OE tires for Audi’s Q model line.

Hankook says the technology is currently only available in its Ventus S1 evo. SUV, but is in the process of applying it to other sizes and products. These will mainly be UHP tires with low aspect ratios.

Read the source article at Autosphere.ca