The cooperation between the two parties will continue to expand, including extending supply contracts, increasing strategic cooperation in the fleet business in Europe, expanding the full range of services, and developing the trailer tire retail business through the Schmitz trailer service partner network. This cooperation will provide the full-service concept for the contract manufacturer of the trailer manufacturer, including tire standardization maintenance, tire management, and tire wear, puncture and other repair work. In addition, fleet operators can also be provided with comprehensive cost and mileage analysis. Tony Lee, Hankook's vice president of tire marketing, said that strengthening the partnership with Schmitz's trailer is of strategic importance to us, especially because of its growth in our parts and components business. The tires that supply Schmitz trailers include Hankook e-cube MAX and SmartWork. It currently covers 11.5 to 22.5 inches of 11 trailer tires, including some special trailer tires, such as the 445/45R19.5, 435/50R19.5 and 455/40R22.5 tire sizes that are not common. All Hankook tires are shipped directly to the Altenberge trailer factory in North Rhine-Westphalia for assembly.
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Hankook Tire
In mid-October 2016, Hankook Tire and Schmitz, a German manufacturer of famous trailers, announced that they would expand their cooperation. Hankook began to supply tires for Schmitz trailers since 2013. There are currently a total of 11 Hankook tires of different specifications assembled on the Schmitz trailer. The two companies have been cooperating in all-round service areas and have focused on the European market.