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The 2.2-million-sq-ft expansion will double the size of the facility and establish Hankook as one of only a few U.S.-based manufacturers of Truck Bus and Radial tires.
Eight operators together with their foreman from Sumitomo Rubber South Africa's Dunlop Ladysmith plant have wasted no time in applying their new expertise after a six-week training programme in Thailand...
Jk Tyre & Industries: Along with the mainstream tyres, the Delhi-based company is also running a fleet operating management business and a mobility business vertical.
Jk Tyre: A market leader in TBR (Truck & Bus Radial tyre) segment in India, the tyre major is looking to expand capacity majorly for the PCR (Passenger Car Radial) tyre category. This comes along with the rising consumer interest in SUVs over the past few years. It is aiming to expand across all its manufacturing facilities and produce 35 million units a year by FY25.
With one-in-five vehicles on South African roads fitted with locally produced Dunlop tyres, the tyre manufacturer is forging ahead with a multi-billion-rand investment project backed by its Japan-based parent company, Sumitomo Rubber Industries (SRI)...