Honda Expands $2.2B Alabama Plant
ByLincoln, Ala.—The announcement by Honda Manufacturing of Alabama that it’s planning an $85 million multi-phase expansion of its $2.2 billion plant in Talladega County could spur additional investment in the region’s industrial market. With this project, which is expected to complete its initial construction phase by 2018, Honda’s total capital investment at the Lincoln plant exceeds $750 million, including the addition of more than 450 workers.
“This significant financial investment in our Lincoln facility will enhance Honda’s manufacturing efficiency and flexibility to help us meet strong customer demand for our products and prepared us for future opportunities in our industry,” HMA President Jeff Tomko said in a prepared statement…