Trade Resources Company News Honda To Invest $52m In Indiana Plant, US

Honda To Invest $52m In Indiana Plant, US

Honda has announced that it will invest $52m at its Indiana plant which can generate 100 new jobs. This investment is support the launch of its CR-V production in 2017.

Honda To Invest $52m In Indiana Plant, US

Honda Manufacturing Indiana (HMIN) made an announcement in early January this year, that it will start the production of 2017 Honda CR-V. With this investment, the Indiana plant will leverage manufacturing flexibility and production capacity.

The Japanese car-maker said that the investment has been made to increase its capability to meet the growing demand for its light-truck models. Apart from producing the new 2017 Honda CR-V, the plant will also produce Honda Civic sedan.

HMIN president Bob Nelson, "The Honda team in Indiana is excited about the challenge to deliver best-selling products like the Civic and CR-V, showcasing outstanding quality and value, and our associates are key to our success."

"This new investment in our Indiana facility will enhance our manufacturing flexibility and better position Honda to meet customer demand for our lineup of innovative and fuel-efficient passenger cars and light trucks."

Indiana Governor Mike Pence said: "Honda has been a great partner to the state of Indiana from the moment the company announced plans to establish a facility in Greensburg in 2006."

"I have had the pleasure of meeting with the company's leadership here in the United States and in Japan, and I am proud that they have once again chosen Indiana for growth.

"The automotive industry in Indiana supports more than 100,000 Hoosier jobs, and that number will continue to grow thanks to the commitment of companies like Honda."

Image: Fred Payne (left), business division manager at Honda Manufacturing of Indiana, greets Indiana Governor Mike Pence. Photo: Courtesy of Honda

Source: http://greenvehicles.automotive-business-review.com/news/honda-to-invest-52m-in-indiana-plant-us-4847267
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