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Honda investing additional $215 million in Ohio operations; Earth Dreams engines and transmissions

Honda will invest approximately $215 million in its Ohio operations to add new powertrain technologies and a technical training center at its engine plant in Anna, Ohio, while also establishing a technical training center, heritage center that highlights Honda’s history in Ohio and North America, and office space for the new Honda North America Services, LLC in Marysville, Ohio. These new investments bring to nearly $2.7 billion the amount Honda has invested in its North American operations in the last three years.

Honda is investing approximately $180 million at the Honda of America Mfg., Inc. Anna Engine Plant to expand capabilities in aluminum die casting and engine parts production related to the new Honda Earth Dreams Technology engines and transmissions. This brings total investment at the Anna plant over the last three years to more than $500 million.

Previous investments have helped introduce new direct injection engines and to localize production of advanced pulley components for continuously variable transmissions (CVTs) assembled at Honda’s transmission plant in Ohio.

The technical training centers for powertrains at Anna and auto manufacturing in Marysville will provide Honda engineers, equipment service technicians and line-side associates with opportunities to develop skills that will refine their technical know-how in a hands-on environment.

In addition, Honda has started construction on a new 160,000-square-foot building near its existing operations in Marysville. The new building will house the training facility, a heritage center and office space for Honda’s new shared services company formed in April to reorganize existing support services in North America. This $35-million facility is scheduled to open in the fall of 2014.

Honda established operations in America in 1959, and now employs more than 33,000 associates in its North American sales, R&D and manufacturing operations with a capital investment of more than $22 billion.

Honda now operates 14 major manufacturing facilities in North America, producing a wide range of Honda and Acura automobiles, automobile engines and transmissions, Honda all-terrain vehicles, and power equipment products such as lawn mowers, mini-tillers and general purpose engines, using domestic and globally sourced parts.

Seven Honda auto plants in the North American region, including four in the US, have the capacity to produce 1.63 million automobiles each year. In 2012, 90% of the Honda and Acura automobiles sold in the US were produced in North America. This will increase to 1.92 million vehicles per year in 2014, when the sales percentage of locally produced automobiles is expected to rise to more than 95%.

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