Honda is looking to build a new production facility in Mexico, from which compact cars will be sent to Mexican and North American markets. According to Used Cars AZ, Honda is investing $800 million USD in the plant and it is slated for completion in 2014.
Approximately 3,200 new jobs will be created when the facility opens. It will also be able to produce 200,000 units per year. The plant is being built specifically for the production of fuel-efficient subcompact vehicles and it will utilize local parts and materials, along with components from around the global.
According to Honda Edmonton, the plant will be the eighth Honda auto plant in North America – and its 10th auto assembly line – and will boost Honda’s capital investment in its North American operations to nearly $21 billion USD.
“With growing demand for fuel-efficient vehicles, this plant will increase Honda’s ability to meet customer needs for subcompact vehicles from within North America,” said Tetsuo Iwamura, president of American Honda Motor Co., Inc. and chief operating officer for Honda’s North America Region. “This new plant will further strengthen the foundation of Honda’s North American business by enabling Honda to more flexibly respond to changing market conditions from within the region.”
In addition to the new auto plant in Mexico, Honda recently announced plans to expand production at several of its plants in the U.S. and Canada including:
- The Honda plant in Greensburg, Ind., which builds the Civic Sedan and Civic Natural Gas vehicle
- The Marysville, Ohio, auto plant which builds the Accord Sedan and Coupe, and the Acura TL
- In Canada, Alliston Plant 1, which builds the Civic Sedan, Civic Coupe, Civic Si coupe and sedan, and the Civic HF
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