SOURCE: Industrial Info Resources

Industrial Info Resources

April 13, 2012 06:30 ET

Honda Plans Approximately $500 Million in New Construction for North America, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Apr 13, 2012) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Honda Motor Company (NYSE:HMC) is currently planning $500 million of new construction starts in North America as the company begins shifting manufacturing capacity from Japan to the United States. Honda plans to expand its production capacity in North America by more than 40% within the next two years, as exporting cars manufactured in Japan is becoming increasingly expensive.

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