Hankook Announces Price Increases of Up to 5%

Hankook Announces Price Increases of Up to 5%

 

WAYNE, NJ (November 27, 2007)  Hankook Tire America Corp. is raising
prices by up to 5% on its full line of passenger, high performance, and
light truck tires. The amount of the increase will vary by product line
and/or size. The increases will take effect January 1st, 2008.

The price increases reflect rising costs in raw materials as well as
higher costs in transportation and general operating expenses.

Hankook Tire is a technology-focused, market-driven company with
manufacturing facilities around the world and research and development
on three continents. Hankook Tire manufactures and markets a full range
of Passenger, High Performance, Ultra-High Performance, Light and Medium
Truck, Winter Radial, Original Equipment, and Truck and Bus Radial
Tires.

 

Hankook Tire America Corp Media Contacts: 

Bill Bainbridge                                      Chris O'Connell


Director Brand Communication         Senior Account Executive


Phone: 973- 633-9000 ext. 531           Phone : 818-992-4353


Fax:  973 633-002                               Fax :818-992-0543


wbainbridge@hankooktireusa.com 
coconnell@jmprpublicrelations.com       

 

 

 

Chris O'Connell

JMPR Public Relations

Senior Account Executive

Office: (818) 992-4353

Mobile: (310) 266-7278

www.JMPRpublicrelations.com