DAEJEON, South Korea—Hankook Tire Co. Ltd. broke ground on a $260 million research and development center in Daejeon. The Hankook Technodome will house more than 1,000 scientists and engineers and span more than 1 million square feet when it opens in 2016. Hankook said the facility will become the backbone of its growth strategy to become a global top-tier tire brand based on technological leadership.
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