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June 10, 2014

Hankook heads for ‘top-tier’ with Technodome

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.

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

April 1, 2014

Hankook earns sixth fitment with BMW

The Hankook Ventus S1 evo2 has been selected as original equipment on the new BMW 4-Series. Hankook Tire Co. Ltd. will supply the tires in size 225/50WR17.

Tags: Hankook Ventus, OE tires, Seung Hwa Suh

October 18, 2013

Hankook sets sights on ‘top tier’

While in Korea for Hankook Tire’s announcement of new OE fitments, MTD had the opportunity to spend time with Seung Hwa Suh, vice chairman and CEO of Hankook Tire Co. Ltd.

Tags: Hankook Tire Co. Ltd., Seung Hwa Suh

October 14, 2013

Hankook will build $800 million plant in Tennessee

In Clarksville, Tenn., $800 million will build you a consumer tire plant. Hankook Tire Co. Inc. will begin construction of its eighth tire production facility worldwide – and first in the United States -- in Clarksville in 2014.

Tags: Clarksville, Hankook financials, Plant capacity, Plants, Seung Hwa Suh

July 30, 2013

Hankook in 2Q ’13: Net sales up 1.4% YoY

Hankook Tire Co. Ltd. has announced that in fiscal 2013 second quarter, the company posted global consolidated quarterly net sales of $1.7 billion (KRW 1.87 trillion), and its operating profit marked $241.8 million (KRW 271.3 billion) with a healthy operating profit to sales ratio of 14.5%.

Tags: Hankook financials, Hankook Tire Co. Ltd., Seung Hwa Suh

April 29, 2013

Hankook 1Q sales down, operating income up

Hankook Tire Co. Ltd. recorded consolidated sales of 1.68 trillion won for the first quarter of 2013. That compares to sales of 1.71 trillion won for the same period last year.

Tags: Hankook financials, Seung Hwa Suh, UHP Tires

November 1, 2012

Hankook’s 3Q sales increase 5.8%

Hankook Tire Co. Ltd. posted net sales in the company’s 2012 third quarter of more than 1.79 trillion won, a 5.8% year-over-year increase. Operating profit for the quarter also saw a 21.7% year-over-year increase to 219.6 billion won.

Tags: Hankook financials, OE tires, Seung Hwa Suh, UHP Tires

May 1, 2012

Hankook increases 1Q sales by 17.1%

Hankook Tire Co. Ltd. recorded consolidated sales of 1.71 trillion won for its first quarter ended March 31, 2012. That compares to sales of more than 1.4 trillion won for the same period last year.

Tags: Hankook financials, Raw material costs, Seung Hwa Suh, Soo Il Lee

June 10, 2011

Hankook plans 100 million tires annually by 2014

As part of a plan to produce 100 million tires worldwide annually by 2014, Hankook Tire Co. Ltd. held a groundbreaking ceremony for its seventh plant in Bekasi, West Java, Indonesia. The move is intended to increase production in North America, the Middle East and Asia.

Tags: Bus Tires, Hankook financials, Passenger Tires, Seung Hwa Suh, Truck tires

July 30, 2009

Hankook posts nearly $1 billion in 2Q sales

Hankook Tire Co. posted sales of 1.25 trillion won for its second quarter ended June 30, 2009. Sales were up 13.1% compared to the same period in 2008.

Tags: Financials, Hankook financials, Hankook Tire Co., Seung Hwa Suh

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