Honda Motor Company announced that it will invest another $215 million in its Ohio operations to add new powertrain technologies and a technical training center at the Anna, Ohio engine facility. In order to expand aluminum die-casting and engine parts production for Honda's Earth Dreams Technology engines around $180 million will be invested at the Anna engine plant, adding to more than $500 million already invested on new direct-injection engines and advanced pulley components for continuously variable transmissions, according to an Inautonews.com article.
"For the 21st Century of manufacturing, we believe our success will be defined by the successful interaction between our associates and technology. Even as we introduce more sophisticated technologies in our products and in our plants, we are working to ensure that our associates are equipped with the skills required for the manufacturing requirements of the future. We view this investment in Honda people as critical to our future success," said Rick Schostek, senior vice president of Honda North America, Inc.
Honda also plans to build a 1160,000 square foot building to create a heritage center as well as office space for Honda North America Services, LLC in Marysville, Ohio. The $35 million building is scheduled to open in the fall of 2014, Honda said. These new investments bring to nearly $2.7 billion the amount Honda has invested in its North American operations in the last three years, reported IndustryWeek.
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