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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Hankook Tire
Ownership Structure: publicly traded
Headquartered in: South Korea
Major Industry: automotive parts
Specific Industry: automotive parts-tires
| Subsidy Summary | Subsidy Value | Number of Awards |
| State/Local | $172,600,000 | 3 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $172,600,000 | 3 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
| Tennessee | $172,600,000 | 3 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
| Company | Location  | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
| Hankook Tire | Tennessee | multiple | 2013 | $150,600,000 | | MEGADEAL  |
| Hankook Tire Manufacturing TN, LP | Tennessee | state | 2015 | $16,000,000 | | grant |
| Hancook Tire Manufacturing Tennessee, LP | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Hancook Tire Manufacturing Tennessee, LP | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Hancook Tire Manufacturing Tennessee, LP | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Hancook Tire Manufacturing Tennessee, LP | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| Hancook Tire Manufacturing Tennessee, LP | Tennessee | local | 2016 | undisclosed | | property tax abatement |
| HANKOOK TIRE MFG TENNESSEE LP | Tennessee | local | 2017 | undisclosed | | property tax abatement |
| HANKOOK TIRE MFG TENNESSEE LP | Tennessee | local | 2018 | undisclosed | | property tax abatement |
| HANKOOK TIRE MFG Tennessee LP | Tennessee | Local | 2019 | undisclosed | | property tax abatement |
| Hankook Tire Mfg Tennessee LP | Tennessee | state | 2021 | undisclosed | | property tax abatement |
| Hankook Tire Co., Ltd | Tennessee | state | 2022 | $6,000,000 | | grant |
