SEE ALSO: State offering $72 million to attract tire company 
The world's seventh-largest tire manufacturer this morning announced it will spend $800 million to build a plant in Clarksville, creating 1,800 jobs in the process.
Hankook Tire Group executives had been considering sites in South Carolina and Georgia as well as Tennessee but reports surfaced out of South Korea last week that the company had settled on the Nashville area. Hankook plans to crank out 10 million tires a year from its new facility, which will be its first in the United States and eighth overall.
“This new facility will help Hankook Tire accomplish our plan to establish a production base in all major markets,” said Seung Hwa Suh, vice chairman and CEO of Hankook Tire, pictured at right with Gov. Bill Haslam. “We will be able to provide our customers, consumers and car makers with high quality tires and industry leading service to meet the demands of the American market.”