Honda plans to spend another US$340m in its Anna Engine Plant, at Dayton, Ohio to install a third manufacturing line for the I4 VTEC turbo engine.

Citing Columbus Business First, Dayton Business Journal said production on the new line is expected to begin in 2015.

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In the last five years, Honda has spent around $840m, including this latest installment of $340m, at the Anna plant.

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