October 14th , 2013 11:23 am Leave a comment

Tire maker Hankook to build $800M plant in Tenn.

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CLARKSVILLE, Tenn. (AP) — South Korean tire maker Hankook has announced it will build its first North American plant in Tennessee, creating 1,800 jobs.

Hankook, the world’s seventh-largest tire maker, said it will build the $800 million facility in Clarksville. Construction is scheduled to begin by the end of next year, and begin operations in 2016.

Clarksville is also home to a steel cord plant for Japanese tire maker Bridgestone, which has its Americas headquarters in Nashville.

Not all the news has been good for the tire industry in Tennessee in recent years. Goodyear in 2011 shut its plant about 100 miles to the west in Union City, causing 1,800 workers to lose their jobs.

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