Hankook Tire America

Hankook Tire America

Global tire manufacturer delivering high-tech tires

Overview

Hankook Tire America designs and manufactures tires for a wide range of vehicles, producing about 120 million tires per year and selling them in 160 countries with over 20,000 employees. Its tires aim to provide a safe, dynamic driving experience through premium brands and advanced engineering, distributed globally to automotive customers and consumers. It differentiates itself with a long history since 1941, global reach, premium branding, engineering leadership, and ESG management that emphasizes responsible practices. Its goal is to lead the future of driving as a global tire innovator by strengthening premium brands and high-tech capabilities while expanding safe, high-performance tires worldwide.

About Hankook Tire America

Simplify's Rating
Why Hankook Tire America is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

501-1,000

Company Stage

IPO

Headquarters

Seoul, South Korea

Founded

1941

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Simplify's Take

What believers are saying

  • Hankook's Q2 2026 revenue hit $3.78 billion, with operating profit up 58.1%.
  • Clarksville capacity reaches 11 million units, including one million U.S.-made truck tires by 2027.
  • Hankook launched Smart Control AW53 and DW53 at IAA Transportation 2026.

What critics are saying

  • Commerce's July 13, 2026 antidumping finding imposed 13.03% margins on Korean Hankook imports.
  • Clarksville truck output runs at 30% capacity; a slow ramp delays returns.
  • A failed U.S. expansion leaves Hankook vulnerable to tariffs, freight costs, and pricing pressure.

What makes Hankook Tire America unique

  • Hankook's Clarksville plant supplies U.S. dealers locally, with 2026 TBR production starting.
  • Exclusive OE wins with Porsche, Audi, Infiniti, and Schmitz Cargobull prove premium credibility.
  • Formula E and Radical Motorsport partnerships feed technology into iON and Ventus products.

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Benefits

Health Insurance

401(k) Company Match

401(k) Retirement Plan

Unlimited Paid Time Off

Paid Holidays

Employee Discounts

Stock Price

Company News

Hankook Tire
Sep 23rd, 2026
Hankook celebrates 11 podium finishes in the 2026 WhatTyre Awards.

Hankook celebrates 11 podium finishes in the 2026 WhatTyre Awards. * Hankook secures 11 podium placements in the 2026 WhatTyre Awards, including three category wins for its Ventus evo, iON evo, and iON evo SUV tyres. * Ventus evo named Performance Tyre of the Year for the second year running. * iON evo wins Electric Car Tyre of the Year for the third consecutive. Daventry, UK, 23rd September 2026 - Premium tyre manufacturer Hankook has secured 11 podium finishes in the 2026 WhatTyre Awards, continuing a strong run of recognition that now spans six consecutive years. The WhatTyre Awards celebrate the leading tyre products available to UK motorists across a broad range of categories. WhatTyre is a specialist tyre news and product comparison platform, helping consumers make informed decisions when choosing tyres for their vehicles. Each year, its awards use a tyre score algorithm to identify and rank the strongest-performing products across the UK tyre market. Hankook's 2026 success includes three category wins, two Highly Recommended accolades, and six Commended awards, demonstrating the breadth of its product portfolio and its continued focus on performance, safety, and innovation. * Winner - Performance Tyre of the Year: Hankook Ventus evo * Winner - SUV Tyre of the Year: Hankook iON evo SUV * Winner - Electric Car Tyre of the Year: Hankook iON evo * Highly Recommended - Summer Tyre of the Year: Hankook Ventus Prime4 * Highly Recommended - All-Season SUV Tyre of the Year: Hankook iON FlexClimate SUV * Commended - Super-sport Tyre of the Year: Hankook Ventus S1 evo Z * Commended - All- Season Tyre of the Year: Hankook Kinergy 4S2 * Commended - Winter Tyre of the Year: Hankook Winter i*cept RS3 * Commended - Winter Performance Tyre of the Year: Hankook Winter i*cept evo3 * Commended - Winter Performance Tyre of the Year: Hankook Winter i*cept evo3 X * Commended - Electric Car Tyre of the Year: Hankook iON FlexClimate Chris Anthony, Managing Director at Tyres & Accessories, Tyrepress and WhatTyre said: "With 11 tyres winning, being highly recommended or commended in the 2026 WhatTyre Tyre of the Year awards, Hankook is arguably the most successful tyre manufacturing this time round. With hundreds of thousands of tyres in our database and multiple tyre manufacturers competing, that result is a significant achievement - that fact that Hankook's recognition takes place across range of categories that includes everything from all-season SUV tyres to super-sport tyres only serves to underline the point". Performance Excellence: Hankook Ventus evo Hankook has retained its title as Performance of the Year, with the Hankook Ventus evo tyre taking the top spot for the second consecutive year. Designed to deliver a compelling combination of sporty handling, braking, performance, and everyday efficiency, the Ventus evo incorporates AI-assisted mixing process, which enables precise distribution silica throughout the compound to optimise wet grip. Its extra-rigid sidewalls and tread blocks support improved braking performance, while low rolling resistance helps contribute to fuel efficiency and extended tread life. The tyre's latest WhatTyre success adds to an already impressive list of industry accolades. In 2026, the Ventus evo achieved winning results in both the Auto Bild summer tyre test, competing against 50 other summer tyres tested, and the Auto Bild Allrad tyre test, which featured 9 competing tyres. Leading the way in electric vehicle tyre technology As mobility continues to evolve, electric vehicles are becoming an increasingly important part of the automotive landscape. Hankook has placed EV tyre technology at the heart of its innovation strategy, following the introduction of its dedicated iON range in 2022. As a pioneer in developing a complete range of tyres specifically designed for electric vehicles, Hankook continues to push the boundaries of EV tyre performance. The latest WhatTyre results further reinforce this commitment, with the Hankook iON evo named Electric Car Tyre of the Year for the third consecutive year, following wins in 2024 and 2025. Recognition across every season and vehicle type Hankook's success in the 2026 WhatTyre Awards goes beyond performance and EV technology, with its tyres recognised across SUV, summer, all-season, winter, and super-sport categories. The Hankook iON evo SUV tyre claimed the top award in the SUV Tyre of the Year category, adding another win for Hankook's EV-focused technology. The Hankook Ventus Prime4 tyre was Highly Recommended in the Summer Tyre of the Year category, while the Hankook iON FlexClimate SUV tyre earned a Highly Recommended rating in the All-Season SUV Tyre of the Year category. The brand also received Commended accolades for the Hankook Ventus S1 evo Z tyre in the Super-sport Tyre of the Year category and the Hankook Kinergy 4S2 tyre in the All-Season Tyre of the Year category. Hankook's winter portfolio was similarly recognised, with the Hankook Winter i*cept RS3 commended in the Winter Tyre of the Year category, while both the Hankook Winter i*cept evo3 and Hankook Winter i*cept evo3 X model were recognised in the Winter Performance Tyre of the Year category. With 11 products recognised across multiple categories, the 2026 WhatTyre Awards underline the strength and diversity of Hankook's UK tyre range - from high-performance sports tyres and premium summer products to dedicated EV, SUV, all-season and winter solutions. * 07/09/2026 * Truck / Bus Hankook Tyre UK to present the 'Best Use of Technology' award at the 2026 Motor Transport Awards in September. Three innovative companies have been shortlisted as finalists for this category. Paul Emery will present the Downloads.

Commercial Tyre Business
Sep 15th, 2026
Hankook to supply tyres for Schmitz Cargobull trailers as OE Partner.

Hankook to supply tyres for Schmitz Cargobull trailers as OE Partner. September 15, 2026 Hankook and Schmitz Cargobull have confirmed a multi-year agreement on original tyre equipment for trailers commencing 1 July 2026, marking a return to the European OE equipment business for commercial vehicle tyres for Hankook OE Tyre Partner Hankook and Schmitz Cargobull partnership will run until June 2030, covering a wide range of trailer tyres from Hankook, including the Smart Line long-distance series, Smart Flex tyres for regional and local distribution transport and Smart Work tyres for off-road construction site use. "The development of the European logistics market opens up... Exclusive content. This content is for subscribers to Commercial Tyre Business. If you would like to support its independent coverage of the truck and agricultural tyre sector, you can subscribe to by clicking the subscribe button below.

Commercial Tyre Business
Sep 15th, 2026
New Hankook Smart Control AW53 and DW53 Winter Tyres.

New Hankook Smart Control AW53 and DW53 Winter Tyres. September 15, 2026 Hankook presented a new generation of winter tyres for trucks: the Smart Control AW53 for the steering axle and the Smart Control DW53 for the drive axle, specifically designed for harsh winter conditions. The Latest Winter Tyres from Hankook Hankook Smart Control AW53 and DW53 are replacing the previous Smart Control AW02 and DW07, combining high traction on snow and ice with improved cornering and braking performance as well as high mileage. Both tyres are presented at IAA Transportation 2026 in Hanover, from 15 to 20 September, at stand E09 in Hall 11. The development focus for the new... Exclusive content. This content is for subscribers to Commercial Tyre Business. If you would like to support its independent coverage of the truck and agricultural tyre sector, you can subscribe to by clicking the subscribe button below.

Business Insider
Sep 2nd, 2026
Hankook Tire honored by International Motors with 2026 Diamond Supplier Award during Tennessee Plant ceremony.

Hankook Tire honored by International Motors with 2026 Diamond Supplier Award during Tennessee Plant ceremony. FinanceWire Sep. 2, 2026, 11:09 AM Nashville, Tennessee, September 2nd, 2026, FinanceWire A leading global tire company Hankook Tire & Technology (Hankook Tire) was honored with the prestigious '2026 Diamond Supplier Award' by leading American commercial vehicle manufacturer International Motors, LLC ("International") during a ceremony held on August 19 (local time) at Hankook Tire's Tennessee Plant in Clarksville, Tennessee. The 'Diamond Supplier Award' represents the highest tier of distinction bestowed by International, recognizing top-performing suppliers that demonstrate exceptional performance across critical criteria, including technology, quality, delivery, and sustainability. Working with approximately 1,500 suppliers globally, International selects only about 10 companies each year to receive this top award. This achievement holds significant value as it validates Hankook Tire's world-class engineering capabilities, quality competitiveness, and deeply rooted partnership with International in the commercial vehicle tire sector. The award ceremony was held in the presence of key executives from both companies, who also toured the Tennessee Plant and highlighted their strong, long-standing collaboration. "We are proud to receive this prestigious recognition from International, which is a testament to our shared dedication to excellence in commercial trucking, and we look forward to many more years of continued partnership," said Mark Roe, Vice President of TB Sales, Hankook Tire America Corp. "Hankook is deserving of the International Diamond Supplier Award because of their consistent communication, adaptability, and strong commitment to quality," said Sanjay Goel, Vice President of Global Strategic Sourcing, Cabin & Electronics, International. Key products supplied to International include the 'Smart AH37' for regional and long-haul transport and the 'Smart DH37' for drive axle applications, both belonging to Hankook Tire's Truck and Bus Radial (TBR) brand 'Smart.' Both tires deliver high mileage and superior durability required in regional and long-distance transport environments, supporting stable fleet operations and enhanced operational efficiency. Furthermore, Hankook Tire continues to supply SmartWay-verified tire solutions certified by the U.S. Environmental Protection Agency (EPA), helping commercial fleet operators lower operating costs and reduce emissions through enhanced fuel economy and transport efficiency. Through this recognition, Hankook Tire once again proves its technological edge and quality leadership in the global TBR market. Leveraging its extensive OE supply capabilities, Hankook Tire will continue expanding strategic partnerships with global commercial vehicle manufacturers to further solidify its market leadership in North America. About Hankook Tire America Corp. Hankook Tire America Corp. is a growing leader in the U.S. tire market, leveraging investments in technology, manufacturing, and marketing to deliver high-quality, reliable products that are safer for consumers and the environment. Headquartered in Nashville, Tenn., Hankook Tire America Corp. markets and distributes a complete line of high-performance and ultra-high-performance passenger tires, light truck and SUV tires as well as medium truck and bus tires in the United States. Hankook Tire America Corp. is a subsidiary of Hankook Tire & Technology Co., Ltd., a Forbes Global 2000 company headquartered in Seoul, Korea. Hankook Contacts Van-Nessa Hagans / Hankook Tire 731-571-6446 [email protected] Hannah Wilson 205-614-0638 [email protected] Contact. Account Director Taylor Vincent Brodeur Partners for Hankook Tire [email protected] Sponsored Financial Content

Tyre Trends
Sep 2nd, 2026
Hankook Tire secures six Red Dot design accolades, including two Best of the Best honours.

Hankook Tire secures six Red Dot design accolades, including two Best of the Best honours. * By TT News * September 02, 2026 Hankook Tire emerged as a standout performer at the Red Dot Award 2026, securing six accolades in the Design Concept category. The South Korean manufacturer captured two Best of the Best honours alongside four Winner titles, underscoring its prowess in forward-thinking mobility design. This competition, recognised among the three premier design awards globally, evaluates concepts based on innovative potential at the prototype stage. Among the top honours, the i-Flex Gen 2 received a Best of the Best award for its evolution as a next-generation airless tyre tailored for electric and autonomous vehicles. Building upon research initiated in 2015, this concept introduces a groundbreaking circumferential spoke structure that elevates visual design while reducing noise and enhancing stability. The second Best of the Best winner, Medi Buddy, emerged from collaboration with the Korea Institute of Design Promotion, integrating autonomous driving and AI into a smart intravenous system to alleviate anxiety for young patients. The four Winner awards recognised the Bladder Upcycling Series, Concept S targeting 100 percent sustainable materials by 2050, the omnidirectional WheelBot2 and Bloom, an intelligent urban canopy. The full collection is slated for display at a special exhibition in Singapore. Hankook Tire, which in 2015 became the first Korean company to receive the Red Dot Luminary honour, later secured the iF Gold Award and an IDEA Bronze, completing a sweep of the top three design accolades. Through continuous innovation and focus on sustainable mobility, the company continues solidifying its reputation as an industry leader committed to redefining transportation's future. The achievement reaffirms the company's global competitiveness, driven by commitment to sustainability and future-ready technologies.

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