Monday, August 29, 2011

Report: Honda Invests $355 Million to Upgrade its Ohio Plants

Honda will invest $ 355 million in upgrading its Ohio plants in order to maximize its productivity and economy gains in the locally-built models that are accessible in North America, according to a report from Bloomberg.
The news comes much less than two weeks after the Japanese company's decision to construct a brand-new plant in Mexico capable of producing 200,000 vehicles a year, investing one more $ 800 million.
Honda’s spokesman Ron Lietzke stated that the Ohio investment includes

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