# Hankook Tire to invest $612M in Clarksville plant expansion

Hankook Tire & Technology announced a $612 million phase three expansion of its Clarksville, Tennessee plant, creating 397 new jobs. The expansion includes doubling PC/LT tire production and adding the first U.S. TBR tire production line.

- Type: Expansion
- Announced: 2022-08-29
- Where: Clarksville, Montgomery County, Tennessee, United States
- Value: $612.0M
- Jobs: 397
- Starts operating: Q4 2024
- Status: announced
- Products: passenger car and light truck tires, truck bus and radial tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hankook Tire & Technology](https://endata.com/companies/48464.md)

## Sources

- [tnecd.com](https://tnecd.com/news/governor-lee-commissioner-mcwhorter-announce-hankook-tire-technology-co-ltd-to-expand-manufacturing-operations-in-montgomery-county/), 2022-08-29: "Global brands like Hankook Tire choose to invest in Tennessee because of our strong business climate, skilled workforce and central location."
- [hankooktire-mediacenter.com](https://www.hankooktire-mediacenter.com/press-release/news/hankook-to-invest-16bn-in-tennessee-plant-expansion), 2022-09-06: "The investment in our Tennessee plant further underlines Hankook's growing presence in the US and our commitment to serving our customers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.