Hankook to Start Truck, Bus Tire Production in Hungary This Year

The EUR 540 million investment will expand the company’s manufacturing capacity while enhancing the efficiency and flexibility of its European supply operations, providing more direct access to its premium products.

The new production unit will focus on advanced Industry 4.0 technologies, including artificial intelligence-driven design, 3D metal printing and multi-layer tread solutions.

“The algorithms driven by artificial intelligence not only optimize tread patterns, but also enable completely new approaches in creating a balance between performance and wear,” said Róbert Kaliba, head of sales for Hankook’s truck and bus tire division in Hungary. “Our vision is that what seemed like an unattainable solution a few years ago should become part of everyday operations.”…

Source: BBJ