Commercial Business

Hankook heads for ‘top-tier’ with Technodome

Posted on June 10, 2014
The Hankook Technodome will have 90 separate laboratories to enable a wide range of R&D activities to be carried out simultaneously.

The Hankook Technodome will have 90 separate laboratories to enable a wide range of R&D activities to be carried out simultaneously.

Hankook Tire Co. Ltd. announced that it held a groundbreaking ceremony for its new R&D center, the Hankook Technodome, in Daejeon, Korea, when the company announced its strategic R&D vision.

Hankook Tire says its mid- to long-term strategic R&D plans include new tire research and testing facilities, which would in turn facilitate a considerable increase in Hankook Tire’s technological capabilities.

A new high-tech R&D infrastructure will be established in Korea with two main bodies, the Hankook Technodome in Daejeon, and the Hankook Test Engineering Center in Sangju.

Hankook says the Technodome, with a total investment of $262 million (KRW 266 billion), is projected to be completed by 2016 when the high-tech facility will become an incubator for innovative new technologies with future-oriented features.

The Hankook Test Engineering Center is expected to be completed by 2018 and will serve as a hub for tire evaluation technologies. It will also be equipped with state-of-the-art tire testing facilities.

Together, the two high-tech R&D facilities will act as the core instruments of the company’s overall R&D infrastructure.

“We strongly believe that acquiring more robust, more advanced R&D capabilities is a crucial step in our growth formula towards becoming a global top-tier tire brand,” said Seung Hwa Suh, vice chairman and CEO of Hankook Tire.

“The Hankook Technodome has been designed to reflect our confidence in R&D and will be a meaningful milestone in Hankook Tire’s history. In addition, combined with our proactive corporate culture, the high-tech R&D facility will provide a great foundation for us to realize a management structure based on quality and progressive leadership.”

The company says it will invest in retaining and attracting the best engineers and researchers in the field. The total of 700 researchers at Hankook Tire’s current R&D center in Korea will grow to 1,000 researchers at the Hankook Technodome.

Related Topics: Hankook Technodome, Hankook Tire Co. Ltd., R&D, Seung Hwa Suh

Comments ( 0 )
More Stories
Article Close the Gap or Lose the Sale: Use Your Advantages to Overcome Abandonment

I’m tired of talking about the internet, but I might be the only one. It’s a subject that tire dealers talk about all the time, and it doesn’t appear the internet is going out of business anytime soon. There aren’t any future plans to turn it off.

The retail business may be the foundation, but Point S Battle Mountain Tire and Auto Service wants to expand its commercial footprint. That means hauling tires to its customers’ locations or work sites is a regular task.
Article From Miner to Tire Dealer

Walt Holland comes from a family of miners. Growing up he worked in the uranium mine his father owned, and he went on to spend 30 years working in Nevada’s gold, silver and copper mines. He eventually became a mine operations manager for Newmont Mining Corp., one of the largest mining companies in the U.S.

The employees of family-owned Iowa Tire Sales are (front, left to right): Betty Howard, owner, bookkeeper; Kassie Howard, office manager; Scarlett, helper and granddaughter; Jeremy Howard, owner; Sydney Howard, front desk manager; (back, left to right): Gary Reneker, service technician; John Mineart, alignment technician; Corbin Kissling, tire technician; Jeff Thomas, tire technician; Austin Gire, ag tire technician; and Tyler Krumboltz, tire technician.
Article Iowa Tire Sales Helps Keep Growers in Their Fields with Top-notch Service

Iowa Tire Sales Co. sells tires for everything from lawn mowers to mining equipment. But agricultural tires and the growers who own them are special to store owner Jeremy Howard.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!