Korea's Hankook Tire to expand production at U.S. factory

South Korea's leading tire maker, Hankook Tire & Technology, plans to expand production lines in its U.S. factory to roll out truck and bus radial tires, or TBR, later this year. Hankook Tire said Tuesday that it strives to increase its TBR tire production to 1 million by the end of 2026 at the Tennessee factory.