Hankook's Hungary plant ships 10 millionth tyre

ERJ staff report (DS)

Rácalmás, Hungary -- In January 2010 Hankook Tire recorded the 10 millionth tyre produced at its manufacturing plant in Rácalmás, Hungary plant, just two and a half years after the plant opened. The company used its Hankook Ventus V12 evo to mark the occasion.

Hankook tyres in Europe are manufactured in the Rácalmás plant located some 60 km south of Hungary's capital Budapest. The factory opened in 2007 as one of the most advanced manufacturing facilities in Europe. Employing more than 1,200 people after finishing the 1st investment stage, the plant currently produces about 15,000 tyres a day (about 5 million annually) in various different specifications for passenger cars, SUVs, vans and light trucks.

“The demand for our tyres has been growing steadily and dynamically all over Europe,” said Jin-Wook Choi, Hankook Tire Executive Vice-President and COO in Europe. “This has allowed our European plant to roll its 10 millionth tyre off the production earlier than expected. Consequently,” Mr. Choi continues,” we are investing further 230 million euros into the expansion of the plant to enable the production of 10 million tyres a year or more than 30,000 tyres a day from 2012.”

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Press release from source