Motor Co. Ltd. plans to spend about $215 million on new
powertrain technologies and a technical training center at its
engine plant in Anna, Ohio, particularly to boost capacity for
aluminum die cast parts.
early-August announcement puts the total investment pledged by
the eight top-selling automakers into the U.S. market at more
than $5 billion since Jan. 1.
Honda will spend $180
million at its Anna Engine Plant in Ohio to expand capabilities
in aluminum die casting and engine parts production related to
the Honda Earth Dreams Technology engines and
The sum of its
investment at Anna over the past three years tops $500
The Japanese automaker
said it will spend a further $35 million to build technical
training centers for powertrains at Anna and auto manufacturing
in Marysville, Ohio.
Seven Honda facilities
across North America, including four in the United States,
produce up to 1.63 million vehicles per year. In 2012, 90
percent of the Honda and Acura models sold in the United States
were made in North America. This will rise to 1.92 million
vehicles in 2014, with the locally produced percentage
exceeding 95 percent, the company said.
Motors Co. recently announced an additional $167-million
capital outlay at its Spring Hill, Tenn., assembly plant
(amm.com, Aug. 6)
U.S. light vehicle
sales by the eight top-selling brands rose 8.4 percent through
July vs. the same seven-month span last year. Industry analysts
predict 2013 sales will exceed 15.5 million units.