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 available in North America, according to a report from Bloomberg.

The news comes less than two weeks after the Japanese company's decision to build a brand-new plant in Mexico capable of producing 200,000 cars a year, investing another $800 million.

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