Honda Transmission Kicking Off $70M Expansion
Honda is building a 200,000 sq. ft. expansion to their plant in Russell’s Point, Ohio that will cost the car manufacturer $70 million. It will create more than 100 jobs and will allow the factory to produce Honda’s newest transmission technology. Honda will also be hiring 60 more employees for a new second shift that begins in 2011. Other renovations are being completed on the rest of the plant. The total amount that Honda will be investing in the factory will end up being over $490 million.
A third assembly line will be built as part of the expansion as well as new equipment for building Honda’s latest automatic transmission. The ground breaking ceremony was named “Transmission Technology for the Future”. The plant will be able to handle more capacity and it is estimated to be able to produce more than 1 million transmissions a year. Jeff Tomko, Honda Transmission VP, released this statement:
“The start of this project is recognition of the accomplishments of a great team of associates, and the strong partnerships we have established in this community. Together, we have created a solid foundation for growth into the future to meet the needs of our customers. These projects represent Honda’s ongoing commitment not only to our customers, but to our neighbors and suppliers who benefit from local production of the transmissions that go into Honda automobiles. We also are committed to reducing the environmental impact of these new operations. No waste will be sent to landfills, and energy will be conserved through use of energy-efficient equipment and lighting systems.”
Honda’s expansion of their Russell’s Point plant will give them more resources and equipment to produce vehicles that are more fuel efficient and better for the environment. Fisher Honda, the premier Honda dealer in Boulder, has the full selection of Honda cars and trucks for you to choose from. Stop by and test drive one now, their friendly sales professionals will help you with anything you need.