Monday, December 20, 2010

$70M Expansion for Honda

Honda is planning to spend $70 million in an expansion project that will be 200,000 square feet. The project will create more than 100 full time jobs. It will allow the Ohio plant to build the latest transmission technologies that Honda has developed. The production is expected to begin in 2012. 

60 jobs are also going to be added in early 2011, when a second shift will be added. An additional $25 million is going to be used in renovation projects that will make the plant more flexible. 

In total, Honda will spend more than $490 million to expand the Ohio plant. A third assembly line will be added and there will also be new operations so that the plant can produce the new transmissions. The two existing assembly lines will be moved to the new manufacturing space once it is completed. 

The current machines already in the plant are also being renovated and updated, which will make the the plant a powerhouse. Capacity to produce automatic transmissions will increase to over 1 million from the current 800,000 annually. 

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  1. Yay! At least americans are being put back to work!

  2. You know, some people are saying it's bad that foreign companies like Honda are putting Americans to work. At least it's work! And here in America!

  3. Congrats to Honda for its new expansion. The new expenditure from Honda will definitely bring success to Honda and to supply to the customer properly.