# Hyundai Movex wins $82 million contract for Hankook Tire US plant expansion

Hyundai Movex secured an $82 million contract to equip Hankook Tire & Technology's expanding plant in Tennessee, US. The contract was announced on March 6, 2024.

- Type: Contract
- Announced: 2024-03-06
- Where: Tennessee, United States
- Value: $82.0M
- Status: announced
- Products: logistics automation equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Hyundai Movex](https://endata.com/companies/13752.md) (supplier)
- [Hankook Tire & Technology](https://endata.com/companies/48464.md) (customer)

## Sources

- [kedglobal.com](https://www.kedglobal.com/logistics/newsView/ked202403060004), 2024-03-06: "South Korea's Hyundai Movex Co., the logistics automation solutions affiliate of Hyundai Group, secured a $82 million contract to equip Hankook Tire & Technology's expanding plant in Tennessee, US."

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