Hankook tires are manufactured by the Hankook Tire Company, which is based in South Korea. Originally founded in 1941 as the Chosun Tire Company, Hankook grew to international prominence in the 1980s. As of 2015, the company manufactures tires in China, Korea, Indonesia and Hungary for the worldwide market.
Hankook Tire expanded into the American market in 1981, establishing their first office in the United States. The company established a research and development center in Akron, Ohio in 1992, and in 2013 the company announced the construction of its first stateside plant in Clarksville, Tennessee.
The company's main production facilities are located in China and Korea. Hankook's Korean manufacturing plants are in the cities of Daejeon and Geumsan; these plants provide most of the tires sold in the American market. The company also has Chinese plants in the cities of Jiaxing, Jiangsu and Chongqing that help supply most of the Asian market, along with a plant located in Indonesia. The plant in Hungary services the European market, along with a distribution center in the Netherlands.
Hankook Tire Company has a strong focus in research in development. In addition to its passenger car tire business, the company creates high-performance tires for racing vehicles. In 2011, Hankook was named the official tire of Germany's Deutsche Tourenwagen Masters, the largest motor sports competition in the world.