Published on February 6, 2014

TB's 2013 Newsmakers

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Tire Business Sketches by Leo Michael
Seung Hwa Suh, Hankook Tire Co. Ltd. vice chairman and CEO, oversaw negotiations that led to the South Korean tire maker's selecting Clarksville, Tenn. as the site for its first U.S. tire plant, an $800 million passenger and light truck tire factory due on stream by 2016. The tire maker said it picked the site near the Tennessee-Kentucky border after evaluating dozens of potential locations throughout the southern U.S. It received a number of incentives from the state, county and city valued at $122 million.

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