Hankook Tire Opens 8th Distribution Center in North America - aftermarketNews

Hankook Tire Opens 8th Distribution Center in North America

Second distribution center in Canada to support strong regional growth.

WAYNE, N.J. – Hankook Tire subsidiary Hankook Tire Canada Corp. officially opened its second Canadian distribution center in Richmond, British Columbia, this month.

Hankook Tire now has eight distribution centers serving North America. The new distribution center will support retailers and multiple distribution points in western Canada.

“Hankook Tire has experienced great success and a strong presence in western Canada,” said Bill Hume, vice president of Hankook Tire Canada. "We strategically chose the Vancouver region for our second distribution center to better support our retail customers and distributors, expediting our time to market. This new distribution center is an integral part of our growth strategy in Canada and part of our global long-term strategy to become a leading, next-generation tire company.”

The distribution center will provide dealers with easy access to a complete line of Hankook products, including ultra-high performance, passenger car, light truck and medium truck tires. The facility is expected to significantly reduce lead time for product delivery as the result of a competitive shipping policy, which includes pre-paid delivery of qualified orders to direct-account customers.

The Richmond-based distribution center is the second expansion of Hankook Tire Canada in the past two years. The Canadian head office in Brampton, which also consists of a state-of-the-art distribution center, opened in the spring of 2009.

You May Also Like

PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Bendix Making Changes at Indiana Manufacturing Operation

Bendix said it is transforming its distribution center into a state-of-the-art facility and consolidating dampers manufacturing into a single, larger space.

Doleco Announces Facility Expansion in Charlotte

The 33,000-square-foot facility is strategically positioned near major transportation hubs, providing optimal access to raw materials and speeding shipment of finished goods to all U.S. markets.

Standard Motor Products Introduces 268 New Numbers

The release provides new coverage in 75 product categories and 80 part numbers for 2023 and 2024 model-year vehicles, SMP said.

MAHLE Releases 2023 Sustainability Report

MAHLE noted it made significant progress in reducing its CO2 emissions, and increasing the use of renewable electricity.

MAHLE Releases 2023 Sustainability Report

Other Posts

Transtar Industries Continues Rapid Product Line Expansion 

The company is now offering OE recycled engines, in addition to its expansive line of OE recycled transmissions and transfer cases.

ZF Cleans Up Metro Park for Earth Day

ZF said the effort was in line with its dedication to sustainability, zero-waste and circularity.

ZF Cleans up Metro Park
PRT Launches 30 New Complete Strut Assemblies

The new items represent more than 10 million vehicles in new coverage, PRT said.

Motorcar Parts of America’s Selwyn Joffe on Core Values

Sustainability is embedded in every facet of the company’s operations, Joffe affirmed.

Motorcar Parts of America's Selwyn Joffe on Core Values