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Honda to invest another $50M into transmission plant

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Staff Report 1:26 PM Wednesday, September 21, 2011

Honda Transmission Manufacturing of America will invest another $50 million into its plant in Russells Point, the company said today.

The investment is meant to increase capacity for the casting of aluminum transmission cases, the company said.

This brings Honda’s total new capital investment in its Ohio operations to more than $400 million, and more than $8 billion since the company started manufacturing in this state in 1979.

Last October, Honda first announced plans to expand the Russells Point facility by 200,000 square feet, in a move that would create more than 100 new jobs.

Russells Point is in Logan County near Indian Lake.

The new, 75,000 square-foot expansion will house high-pressure die-casting operations to support the addition of a third transmission assembly line. Construction on that third line began in December 2010.

The two expansions together will create more than 100 jobs by 2013 as production begins at these operations, Honda said.

In addition, earlier this year, Honda Transmission added 60 new jobs to support the start of a second shift to produce automatic transmissions for the 2012 model Honda Civic.

Honda has more than 13,000 Ohio employees, including about 1,300 Miami Valley residents, including more than 300 at a Troy distribution center off South Stanfield Road.

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