Hankook Tire Strengthens Grassroots Racing Support
Hankook supports motorsports enthusiasts and racers at all levels, and this new program is offering amateur and professional racing enthusiasts alike the chance to earn dollars off Hankook’s Ventus R-S3 or Ventus Z214 DOT R Compound tires based on their performance in specific racing circuits.
Hankook Appoints New President of Hankook Tire America Corp.
Soo Il Lee to direct Hankook operations in the Americas; H. Y. Pae returning to Korea to direct global marketing and supply chain activities.
Hankook Tire America Announces New Senior Vice President of Sales and Marketing Position
Former Goodyear exec to fill role and grow business in North America.
UPDATE: Grand Opening for ‘Hankook’ Retail Store
The June 6 grand opening and ribbon-cutting was attended by Greg Pae, president of Hankook Tire America, and Edison Mayor Jun Choi.
Michelin Ups Stake in Hankook
From Reuters French tire maker Michelin has raised its stake in Hankook Tire Co. to nearly 10 percent through stock market purchases, the South Korean company said on Friday. The announcement comes after Michelin announced the week prior that its shareholding in Hankook rose from 6 percent to 8.9 percent, as part of a previous
Michelin Raises Stake in Hankook
From Reuters French tire maker Michelin said on Wednesday it had raised its stake in South Korean peer Hankook Tire to 8.9 percent from 6 percent. A Michelin spokeswoman added that the company had raised its stake as part of a previous agreement with Hankook that allows Michelin to have up to 10 percent of
Hankook Sales Reach $1 Billion in First Quarter 2008
Hankook has reported year on year sales growth of 18.4 percent during the first quarter of 2008, delivering the company its first-ever quarterly sales exceeding $1 billion. The company attained sales of $1.041 billion. Sales figures for the three-month period included an impressive upsurge in worldwide UHP sector
Hankook Opens New Chicago DC
AURORA, Ill. — Hankook Tire America Corp. has opened a new distribution center, this one located in Aurora, Ill. It is Hankook’s sixth U.S. distribution center. “The addition of a Chicago distribution location allows us to better serve the Chicago metro area,” said J.R. Nottolini, Hankook’s midwest regional director. “Will call is now possible in
Hankook Tire Signs Sponsorship Agreement with Corsa Motorsports
Hankook Tire Co. has signed on to be a sponsor and the exclusive tire supplier for Corsa Motorsports. Corsa will compete in the 2008 American Le Mans Series (ALMS) in the GT2 Class. ALMS is the premier road racing competition in North America. According to Hankook, the sponsorship within the series will be a showcase for Hankook performance tire technology and is the logical next step in the marketing and brand-building efforts to position Hankook as a market-driven technology-focused global brand.
Executive Interview with H.Y. Pae, President, Hankook Tire America
In this exclusive Executive Interview, H.Y. Pae, president of Hankook Tire America Corp., discusses the growth of Hankook in the United States and the ways in which the company is working toward becoming one of the top five tire makers by 2012.