Honda Motor plans to build a new engine plant in Ogawa, Saitama prefecture, Japan to accelerate establishment of production systems and capabilities for advanced engines to enable it to meet increasing global demand for fuel efficient vehicles.
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The automaker plans to begin operation of this new engine plant in summer 2009, with an annual production capacity of approximately 200,000 units. Engines produced at the plant will be supplied to Honda car plants both inside and outside Japan. Honda will invest approximately JPY25bn yen in the new plant, with employment of approximately 500 people.
Engine production will begin a year ahead of the 2010 start-up of the new car plant to be built in Yorii, Saitama. The plant will be built to the concept of “a people-friendly and resource/energy-recycling green factory which will employ high quality and highly efficient production and logistics systems,” according to the automaker.
An investment of JPY55bn, the car plant will employ 1,700 making around 200,000 units a year.
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