Honda Power Equipment Manufacturing, Inc. Celebrates 30 Years of Production with New $8.5 Million Capital Investment
December 21, 2014     Japanese 
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Honda Power Equipment Manufacturing, Inc. Celebrates 30 Years of Production with New $8.5 Million Capital Investment - JCN Newswire
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Honda Power Equipment Manufacturing, Inc. Celebrates 30 Years of Production with New $8.5 Million Capital Investment

Tokyo, Aug 6, 2014 - (JCN Newswire) - - $8.5 million in new facility investments will support addition of new product lines
- Swepsonville plant produces more than 2 milion Honda power equipent products each year, making it the largest manufacturer in Alamance County
- More than 400,000 North Carolina-made Honda power equipment products exported from U.S. in 2013 alon

Honda Power Equipment Manufacturing, Inc. (HPE) today marked the 30th anniversary of operations at its Swepsonville facility by announcing a new $8.5 million investment in plant operations to innovate production processes and add new products. Among other changes, the plant will add a new line for the production of two-stage snow blowers and prepare for the addition of Honda generators to its already diverse production lineup.

The 375,000 square-foot facility, which houses both Honda power equipment production and R&D operations, has long served as a major producer of Honda power equipment products for worlwide distribution, with the capacity to produce upwards of 2 million premium-quality Honda power equipment products each year. In 2013 alone, more than 400,000 North Carolina-made Honda power equipment products were exported to overseas markets, marking a record for the company. Honda's total investment in its Swepsonville operations is nearly $250 million.

"We celebrating 30 years of success at Honda Power Equipment Manufacturing because of the everyday hard work of our power product associates in North Carolina," said Takuji Yamada, Honda COO of North American Regional Operations. "Our founder, Soichiro Honda, believed that we could make people happy through technology. Now, many years later, Honda is still focused on using unique Honda technologies to help people get things done."

The Swepsonville plant, which today employs more than 600 associates, has produced more than 30 million products over its 30-year history. HPE is the largest manufacturing operation in Alamance County, which also serves home to Honda Aero in Burlington, makers of the HondaJet's HF120 turbofan engines. Additional Honda operations based in North Carolina include, Honda Aircraft Company in Greensboro, makers of the HondaJet advanced light jet, and American Honda Finance Company in Charlotte, which provides financing to consumers who buy Honda products. Honda total employment in North Carolina is nearly 3,000.

Today, HPE is the sole global production source for all Honda GC and GCV general-purpose engines and all Honda single-stage snow blowers. HPE provides these products - vital tools for residential and commercial users - to customers around the world.

HPE is supported by a network of suppliers that provide integral components for manufacturing. Currently, 155 domestic and international suppliers work with HPE; 45 of those suppliers are based in North Carolina. HPE has purchased nearly $500 million in parts from North Carolina suppliers, and the company will continue to work closely with the local community as the Honda business grows.

"Celebrating 30 years of manufacturing Honda power products in North Carolina was once only a dream," said Shinji Oketani, HPE president. "I am proud that our dream lives on today at HPE, as well as our strong desire as a company to make products that help people get things done and improve their daily lives."

The Honda power product research and development team also is based at the HPE campus, where most lawn mower, snow blower and several general-purpose engines are designed and developed. Originally based in Ohio, Honda's power product R&D team moved to North Carolina in 1993 to be closer to power product manufacturing. As a result, Honda has greater synergies between development and production teams.

Honda Power Equipment offers a range of outdoor power equipment products, including engines, generators, lawn mowers, pumps, snow blowers, tillers and trimmers for commercial, rental and residential applications. The company's comprehensive product line is powered exclusively by four-stroke engines for improved reliability, better fuel economy and reduced emissions. The inherent qualities of Honda's four-stroke technology reduce operator fatigue related to engine noise and vibration.

Honda Power Equipment, with headquarters in Alpharetta, Georgia, consists of three distinct operating units: Honda Power Equipment, Honda Marine, and Honda Engines. The division's products, including engines, generators, lawn mowers, pumps, snow blowers, tillers, trimmers, and marine engines, are assembled in Honda plants in the United States and around the world.

Honda is the world's largest manufacturer of engines, producing and marketing more engines globally than any other company through a diverse array of automotive, motorcycle, marine, and power equipment products. Honda offers a complete line of small, general purpose engines for commercial, rental industry, and consumer applications. Honda engines supply smooth and dependable power for more than 3,000 different product applications including pressure washers, lawnmowers, rammers, and rescue and construction equipment.

About Honda

Honda Motor Co., Ltd. (TSE:7267/NYSE:HMC) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.

Contact:

Honda
Media Inquiries
corporate_pr@hm.honda.co.jp
+81-3-5412-1512

 


Aug 6, 2014
Source: Honda

Honda (TSE: 7267) (FTSE: HNDA) (U.S: HMC)

From the Japan Corporate News Network
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Topic: Investment
View more news from these Sectors: Automobile Parts and Manufacturing, Automotive General


 
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