On November 23, 2010, the signing ceremony of the Hanjiang and Tainan tire projects was held in Chongqing. The success of this signing ceremony marks the official settlement of the second factory project of Hankook Tire China in Liangjiang New District.
It is understood that the Hankook Tire Liangjiang New District Project is the largest wholly foreign-funded project registered in Chongqing in history, and the largest tire production project in the Midwest of China. This project has a short negotiation cycle, high landing efficiency and quick investment. It only takes 113 days to contact the merchants and formally sign contracts. Hankook Tire Co., Ltd. pursues a green philosophy and possesses first-class environmental protection equipment and technology, all of which meet the requirements of environmental protection.
It is reported that Hankook Tire entered China in 1996 and has established two production bases in Huai'an, Jiangsu and Jiaxing, Zhejiang. It provides support to more than 30 automobile manufacturers including FAW-Volkswagen, Shanghai Volkswagen, Ford, Volvo, Mitsubishi, Renault and Hainan Mazda. In 2009, sales reached nearly 8 billion yuan.
Hankook Tire 's third plant in China, which has settled in Liangjiang New Area, will be mainly engaged in the production of radial tires and inner tubes for trucks and buses, light trucks, cars, construction vehicles, agricultural vehicles and other vehicles. Products and provide after-sales service. After the plant is put into operation, it will produce 4,500 all-steel radial tires and 30,000 semi-steel radial tires per day. The third plant will have a land area of ​​750 mu and an investment of 950 million U.S. dollars. It will employ about 4,000 people and expect that sales revenue will reach 8 billion yuan/year.
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