Hankook Tire America Company History Timeline

(20 Jobs)
1941

From its humble beginnings in 1941 as Korea’s first tire company, Hankook has grown into the seventh largest tire company in the world, one that continues to create new possibilities and overcome new challenges.

Founded in 1941 as the Chosun Tire Company, the first automobile tire company in Korea, Hankook forged a vision during an era when the seeds of early industrialisation were being sown in a country that lacked the wherewithal to grow successfully.

From its humble beginnings in 1941 as Korea’s first tire company, Hankook Tire has grown into the seventh largest tire company in the world, one that continues to create new possibilities and overcome new challenges.

Founded in 1941 as the Chosun Tire Company, the first automobile tire company in Korea, Hankook Tire & Technology forged a vision during an era when the seeds of early industrialization were being sown in a country that lacked the wherewithal to grow successfully.

1941 Chosun Tire company founded

1953

1953 Changed name to Hankook Corporation

1953 Changed name to Hankook Tire corporation

1962

1962 First exports to Pakistan

1975

1975 Received $13 million order from Iran Ministry of Roads and Transportation

1976

1976 First Middle East branch office opened in Kuwait

1979

The Daejeon facility, which specialises in the production of radial tires, was built in 1979 as part of Hankook’s strategic investment in the future.

1979 Completed construction of Daejeon plant

The Daejeon facility, which specializes in the production of radial tires, was built in 1979 as part of Hankook Tire & Technology’s strategic investment in the future.

1981

1981 Established local branch office in the United States

1982

1982 Established a technological research center in Daejeon, Korea

1982 Acquired E-mark Certification from the Economic Commission for Europe

1982 Acquired E-mark certification from the economic commission for Europe

1983

1983 Acquired Korean Industrial Standards (KS) Certification for all radial tire sizes

1983 Acquired Korean industrial standards (KS) certification for all radial tire sizes

1985

1985 Established Korea's first tire proving ground

1990

In the 1990’s Hankook continued our strategy to invest in infrastructure and expand production capacity.

1991

1991 Initiated supply of OE tires to Volkswagen

1999

1999 Built tire production facilities in Jiaxing and Jiangsu, China

2001

2001 European Distribution Center (EDC) begins operation

2006

2006 Construction of Hungary plant begins

2007

2007 Ranked as the seventh-largest tire corporation in the world by sales (Modern Tire Dealer)

2008

2008 Signed OE supply partnership with Audi

2011

2011 Signed DTM sponsorship in Germany

2011 Celebrated our 70th anniversary

2012

2012 Began supplying OE tires for the new BMW 3 series

2012 Became the official sponsor for the UEFA Europa League

2013

2013 Signed the MOU to build a new central research center

2013 Hankook Indonesia grand opening

2013 Extended official DTM partnership ahead of schedule

2013 Chosen as original equipment supplier for the Mercedes-Benz S-Class

2013 Signed MOU with the state of Tennessee for United States plant

2013 Hankook Tire Indonesia grand opening

2013 Chosen as original equipment supplier for New Mercedes-Benz S-Class

2013 Signed MOU with the state of Tennesseefor United States plant

2014

In addition, Hankook was named the official tire supplier for Deutsche Tourenwagen Masters (DTM) in Germany, one of the world’s top three touring car competitions, and began the groundwork for yet another research center with technologically advanced equipment in 2014.

In addition, Hankook Tire was named the official tire for Deutsche Tourenwagen Masters (DTM) in Germany, the largest motorsports competition in the world, and began the groundwork for yet another research center with technologically advanced equipment in 2014.

2015

2015 Extend the premium original equipment to SUV Tires on Porsche 'Marcan'

2015 Received the prestigious Red Dot: Luminary at the Red Dot Award 'Boostrac concept tire'

2015 Extended the premium original equipment supply to SUV Tires on Porsche ‘Macan’

2015 ‘Boostrac concept tire’ Wins the prestigious Red Dot: Luminary Award

2015 Extended the premium original equipment supply to SUV Tires on Porsche 'Macan'

2015 Boostrac concept tire' Wins the prestigious Red Dot: Luminary Award

2016

2016 Selected as original equipment supplier for the all new BMW 7 Series

2016 Opened the company's new central research and development center, Hankook Technodome

2016 Opened the company’s new central research and development center, the Hankook Technodome

2017

2017 Opening of Technotrac, a test center for winter tires in Europe

2017 Grand opening of Tennessee Plant in the United States

2020

2020 Moved headquarters to “Technoplex” in Pangyo, Gyeonggi-do

2020 Signed Formula E sponsorship from 22/23 season

2020 Began supplying e-tyres for Porsche Taycan electric sports cars

Founded
1941
Company Founded
Headquarters
Wayne, NJ
Company Headquarter
Founders
Cho Jai
Company Founders

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