TITLE

Hankook cuts Dec. output, slows new plant plan

AUTHOR(S)
Anglebrandt, Gary
PUB. DATE
December 2008
SOURCE
Rubber & Plastics News;12/15/2008, Vol. 38 Issue 10, p17
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Hankook Tire Co. Ltd. is reducing its production volume in December 2008 and has slowed down its plans to build a factory. Hankook's U.S. subsidiary, Hankook Tire America Corp., said the capacity cutback is because of declining demand for cars in a number of markets. It will be a minor adjustment spread across some plants by adjusting operational days but will not affect employment, a company spokesman in the U.S. said.
ACCESSION #
35972362

 

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