Hankook unveils €300m expansion plan to add TBR capacity in Hungary

Rácalmás, Hungary – South Korean tire-maker Hankook Tire has announced plans for a major expansion at its tire production unit in Rácalmás, to add truck & bus radial tire production capacity in Europe.

Construction work on the €290-million project would start in June, while production is expected to start two years later, the In the tire maker said 23 March.

The project involves a new truck tire production unit, and marks the fourth expansion of the Hungary plant, which opened in 2007.

Once completed, the project will provide…

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