Business
10:52 am
Fri October 11, 2013

Large Tire Company Could Invest in Clarksville

Credit hankooktireusa.com

The world’s seventh-largest tire company could be investing in middle Tennessee, according to the Korean Yonhap News Agency.

Senior officials at South Korean-based Hankook Tire Company are set to meet with U.S. officials in Tennessee this month to sign a memorandum of understanding for a new tire plant near Nashville. 

Clarksville city officials are staying quiet, but the Clarksville Leaf-Chronicle reports a recent Brookings Institute survey put the city on the map for up to a $700 million plant and more than 1,000 direct jobs.

According to the news agency, last-minute negotiations are still ongoing with Tennessee, but it seems clear the 10-million-unit-capacity plant will find its home in the state. 

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