Honda completes $138 million expansion at Anna Engine Plant
Honda of America Manufacturing has invested more than $1.5 billion in its Anna, OH, Engine Plant since the facility first opened in 1985.
Honda of America Manufacturing has invested more than $1.5 billion in its Anna, OH, Engine Plant since the facility first opened in 1985. According to the CNN Money report, the plant unveiled the $138 million steel parts expansion project, designed to increase the production capability of the plant for all steel engine parts previously imported from Japan. The expansion will increase engine production at Honda’s new auto plant in Greensburg, IN., to more than 200,000 vehicles per year.
Honda added 135,000 square feet, a 8% increase in facility size, to bring the plant up to 1.74 million square feet of space. The new space houses the casting and machining of engine cylinder sleeves, crankshafts, camshafts and connecting rods. The project created 100 new jobs at the plant, which has 2,750 associates.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey