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Honda Investing $215 Million in Ohio Operations

Maker funding "Earth Dreams" engine plant.

by on Aug.08, 2013

Workers assemble an Earth Dreams engine at the Honda plant in Anna, Ohio.

Honda will invest $215 million in Ohio, the center of its North American operations, primarily to expand its engine-making capabilities.

The Japanese maker is in the midst of rolling out an array of hybrid and more conventional gasoline engines designed to cope with stricter new emissions and fuel economy regulations. The new package brings to $500 million the total investment in the Anna, Ohio engine plant during just the last three years.

The new investment also will cover training programs for the workers building Honda’s new “Earth Dreams Technology” engines and transmissions, noted Rick Schostek, senior vice president of Honda North America, Inc., during a presentation at an industry conference in Traverse City, Michigan.

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“Even as we introduce more sophisticated technologies in our products and in our plants, we are working to ensure that our associates are equipped with the skills required for the manufacturing requirements of the future,” said Schostek. “We view this investment in Honda people as critical to our future success.”

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Honda Moving US Corp. HQ to Ohio

With promotion, new global Honda COO will be based in Ohio.

by on Feb.22, 2013

Tetsuo Iwamura, shown at the 2012 Detroit Auto Show, becomes the new chief operating officer of Honda's global automotive operations.

Honda will be moving its North American corporate headquarters to Ohio – where it set up Japan’s first auto assembly plant in the U.S. more than 30 years ago. Adding even more significance to the move is the promotion of Tetsuo Iwamura who will now serve as Honda’s global chief operating officer of automotive operations as well as COO of Honda North America.

About 50 executives and support staff are expected to make the move to Marysville, Ohio from the maker’s long-standing base of operations in the Los Angeles suburb of Torrance.  But the California facility will remain Honda’s sales and marketing base of operations for the U.S.

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“These organizational changes will improve the speed of decision-making and the efficiency of our business operations,” said Iwamura, who will now wear a number of hats including president and chief operating officer for North America, as well as the new assignments as the COO of Automobile Operations and risk management officer for Honda Motor Co., Ltd.

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Honda Ups U.S. Exports – Increases American Jobs

Maker plans to become net exporter within 2 years.

by on Dec.06, 2012

The 1 millionth American-made Honda bound for export rolls off the Marysville assembly line.

Within two years, Honda will no longer be an “import” automaker. The Japanese-owned company says it expects to become a “net exporter” as it expands shipment of U.S.-made vehicles to South Korea and other parts of the world.

Ironically, at a time when the U.S. is putting a new emphasis on manufacturing – and the well-paying jobs it creates — foreign-owned automakers like Honda are taking a lead in shipping American-made vehicles to a growing list of overseas markets.  Honda is already one of America’s largest automotive exporters, and expects to have shipped 100,000 vehicles to 40 countries by the end of 2012 from assembly plants in Ohio and other parts of the country.

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And, at a ceremony marking the production of the 1 millionth American-made Honda bound for export, company officials said exports will grow larger than the number of vehicles Honda imports into the States by the end of 2014.

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