Nexen tires are manufactured by the Nexen Tire Corporation, located in Yangsan, South Korea. The company was established in 1942 as Heung-A Tire Company and in 2000 changed its name to Nexen Tire Corporation.
The corporation's name Nexen is a combination of two words; next and century which stands for the company's vision of becoming the next generation leading tire manufacturer. It was recognized as the first Korean tire manufacturer company in 1956, and currently has manufacturing plants in several countries and is exporting its products to more than 120 countries. Its largest manufacturing facility is located in Changnyeong, Korea, and has projected sales of 10 million units in the year 2015, and 20 million units by 2018.