Tyre giant to move to new distribution unit

One of the world’s leading tyre manufacturers has signed an agreement for a new build-to-suit unit at Prologis Apex Park in Daventry.

Hankook Tire & Technology has agreed terms with Prologis to take DC9, a new high-spec unit of just over 357,000 sq ft on a 22-acre site on the park where it already bases its main distribution hub. Construction is due to be complete in early 2024.

The new development at Daventry is part of its business growth plans in the UK. Hankook Tyre UK’s managing director Chang

Yool Han said: “Apex Park was the obvious choice for growth as it meant we were able to provide continuity for our existing staff and to execute our growth in the utmost sustainable and eco-friendly manner plus it serves as an excellent central location for the UK market.”

Award winners ‘exemplify talent and innovation’

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to accept this award acknowledging not only the success of our team and customers but also our ethical commitment to spreading health and happiness across the globe. King Charles has long championed organics and complementary medicine and we applaud his continued work in these and other fields.”

Minister for Enterprise Kevin Hollinrake said: “I congratulate the first ever recipients of The King’s Awards for Enterprise, who exemplify the talent, innovation, and entrepreneurial spirit of British business.

“I wish them every success and commend the invaluable contributions they make to communities both at home and overseas, helping to grow the UK economy.”