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 | $166,600,000 | 2 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $166,600,000 | 2 |
| 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 State and Local Awards:
Earliest year of data: 2013. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2016.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
HANCOOK TIRE MFG TENNESSEE LP; HANKOOK TIRE; HANKOOK TIRE MFG TENNESSEE LP; HANKOOK TIRE MFG TN LP
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 | $166,600,000 | 2 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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| 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 |
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