“The investment in Honda Transmission Mfg. of America, Inc.to support the all-new 2019 Honda Insight is an example of Honda’s Electrification Initiative, which will introduce electrified powertrains to virtually all of its core models in the years ahead,” said Tom Shoupe, executive vice president, Honda of America Mfg., Inc. “The investment at HTM demonstrates Honda’s confidence in its Ohio associates and its commitment to building electrified vehicles in America.”
In all, the company is investing $61.5 million in Ohio and Indiana in support of production of the Insight. The company’s investments in Greensburg, Ind. include a new 19,200 square-foot building expansion to accommodate in-house assembly of the vehicle’s front end module.
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The company has previously announced that two-thirds of its global auto sales will be electric vehicles by around 2030.
About 1,400 workers from Clark and Champaign counties work for the automaker, and it employs about approximately 14,500 Ohioans overall.
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Honda spent a record $32.4 billion for parts and materials from U.S. suppliers for its North America operations last year, including firms in Clark and Champaign Counties. Of that, company officials said about $10 billion was spent in Ohio with 173 suppliers.
The 2019 Honda Insight is scheduled to be delivered to Honda dealerships nationwide early this summer, according to information from the company.
By the numbers:
$61.5M — Honda’s recent investment in Ohio and Indiana
$29M — Honda’s investment at Russells Point
3 — Ohio plants that contribute to the Insight’s powertrain
19,200 square feet — New addition to Honda’s Greensburg, Ind. plant