Hankook Tire to expand Indonesian plant  [ Indonesia ]

PT. Hankook Tire Indonesia, an Indonesian unit of Hankook Tire, announced that it will invest USD 357 million (KRW 380.1 billion) to expand its plant. The expansion project is scheduled to begin in January 2014 and end in December 2015. It is expected that the facility will be able to produce 16,900 tires for passenger vehicles and small trucks per day after the expansion. (From a press release...