Honda Plans $64.5 Million Additional Investment in Alabama Facility

Steel Blanking Expansion, Other Projects will Add 20 Jobs

LINCOLN, Ala.—Honda Manufacturing of Alabama , LLC, (HMA) today announced plans for $64.5 million in additional investment of vehicle and engine facility that will add 20 new jobs. Construction, equipment installation and testing are expected to be completed in 2009.

The investments will include a total of 27,000 square feet of new building space at HMA for construction and operation of a steel blanking facility adjacent to Honda’s existing steel stamping lines. The overall project also includes additional investment in new equipment to enhance Honda’s on-going production operations.

“The addition of a steel blanking facility will offer improved efficiency in costs, quality and delivery for our Alabama manufacturing operations. We believe the investment and additional employment offered by this new venture also will benefit our customers and the community.”

Since October 2006, HMA has announced plans for a total of $91 million in additional construction and investment at the Lincoln facility.

HMA is the sole production source of the popular Odyssey minivan, the Pilot sport utility vehicle and the V-6 engines that power them. HMA employs more than 4,500 associates with an investment in Alabama totaling more than $1.4 billion and annual production capacity of more than 300,000 vehicles.

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