US: Honda marks 30 years of manufacturing with more spending
Workers at the original Marysville, Ohio car plant (next door to the motorcycle factory) install the engine in an early build Accord 30 years ago
Honda North America marked its 30th anniversary of US vehicle production by announcing US$200m in new investments in its Russells Point, Ohio, transmission plant and Anna, Ohio, engine plant, which will add 200 new manufacturing jobs.
This takes cumulative investments to over $1.2bn in US manufacturing operations in the last two years and the overall total to $12.5bn.
On 1 November, 1982, Honda became the first Japanese automaker to produce cars in America (using domestic and globally sourced parts) when the first Accord rolled off the assembly line at the Marysville, Ohio, car plant. The automaker had begun Gold Wing touring motorcycle output in the US in 1979.
It now builds cars, engines and transmissions in North America at seven vehicle plants, three vehicle engine plants and two transmission plants, with capacity of 1.63m cars and trucks per year. By 2014, when production of sub-compact vehicles at the eighth North American car plant, now under construction in Mexico starts, North American capacity will be 1.92m units.
The company now employs 26,000 people and operates nine major manufacturing plants and 15 R&D facilities in the US.
"Honda's US responsibilities have matured into global capabilities for manufacturing, R&D and engineering," said Rick Schostek, senior vice president, Honda of America Mfg.
North American units will take on new responsibilities for the mass production launch of global models. Workers in North America will help set the standards for production processes for key global products that also are made in other regions and then share their knowledge and expertise to support plants all around the globe.
Honda also will increase exports from North America. Later this year, it will reach the 1m mark in total automobile exports from the US. Honda also is increasing its export of major auto parts by almost 70% this year to assembly plants in South America, Europe and Asia. This will be a substantial increase in business for North American suppliers that will grow in future.
Honda works with 500 US OEM parts and materials suppliers, and purchased $14.4bn in OEM parts and materials from them in 2011. It has over 600 parts suppliers in North America with purchases expected to exceed $20bn this year.
The first Japanese car built in America – a silver-gray 1983 model year Accord bearing Ohio license plate USA 001 – is on display at the Henry Ford Museum in Dearborn, Michigan.
Results season - Q1 2013, Q4/fiscal year 2012/3, etc. We disappear under a mountain of figures and you get it all neatly sliced, diced and packaged here. Enjoy....
Honda Motor boosted fourth fiscal quarter operating income to 31 March 201321.4% to JPY135.9bn yen (GBP892.4m) after car sales rose in Asia as a result of the recovery from the impact of the major pre...
Following successful negotiations with the once radical Greater São Paulo's São Bernardo do Campo metalworkers union, Ford is back spending money on its oldest plant in Brazil. This town saw the birt...
Ford Motor Company has booked first quarter 2013 pre-tax profit of $2.1bn, dragged down $147m year on year by Europe and South America, thanks to record results in North America and "continued solid p...
Japan's major carmakers' combined domestic output in fiscal 2012 rose 2.9% over the previous year to 9,055,373 units, passing 9m for the first time in four years....
Malaysia's Proton Holdings is expected to unveil new models and announce new collaborative agreements over the next year, according to local industry sources....
Indonesia's largest vehicle manufacturer, Astra Daihatsu Motor, said it is delaying production of its new small car range until the government announces its long-anticipated small car policy....
- Briefing: Supplier industry financial review
- VEHICLE ANALYSIS: MY2015 Volvo V60 Polestar
- THE WEEK THAT WAS: All eyes on Vienna
- VEHICLE ANALYSIS: Volkswagen Polo 1.2 TSI
- INTERVIEW: Alain Uyttenhoven, Head of Lexus Europe
- Tesla and BMW in battery talks - reports
- 2014 GUANGZHOU SHOW: World premieres list
- BMW tests Google Glass eyewear for quality checks
- INDIA: Datsun horror inspires national crash tests
- Jaguar Land Rover named "most trustworthy OEM"