South Korean tire maker Hankook Tire Co. will set up a plant in the United States to boost its presence in the world's largest tire market, it was announced on Monday. Hankook Tire Vice-Chairman & CEO Suh Seung-hwa told a news conference in Seoul that Georgia, South Carolina and Tennessee were the U.S. states being considered for the plant. He said his company, South Korea's biggest tire manufacturer, was considering the three southern states and it would take a final decision on the location of the plant by the year-end, the Yonhap news agency reported. Suh said the proposed plant with an annual production capacity of around ten million units was designed to boost the company's market share in the United States from the current five percent.