Honda Expands American Production
You already know that an investment in any new Honda is a worthwhile one. But you may not know that every time somebody drives away from Cannon Honda in a new Honda, money gets put right back into the American economy. Pretty soon, even more of those dollars will support the automotive industry right here on our soil.
Honda already produces the Honda Odyssey minivan, Honda Pilot SUV, and Honda Ridgeline pickup truck in their Alabama plant. And the Japanese automaker just announced another $84-million investment to expand production. In turn, at least 100 jobs will open up at this facility.
The southern Alabama plant, opened in 2001, currently employs about 4,000 people and turns out about 300,000 units annually. Reports say, "The investment will boost annual capacity for the Lincoln, Alabama, plant to 340,000 vehicles and engines by 2013."1
It seems we've only just begun to climb out of the recession of 2008 and 2009, doesn't it? But 2011 boasted a 10-percent increase in new car and truck demand in the country. Forecasters say that most auto companies can expect total sales upwards of 12.5 million vehicles by the end of the year. These reasons, as well as shifting production of some of the company's luxury vehicles, are enough for Honda to further invest in American production.
It's good news across the board, for sure. Be sure to stayed tuned with Cannon Honda for more exciting updates like this. And of course, we invite you to stop by and see us (3415 N 14th St Ponca City, OK 74601) to learn more about all of the new Honda models manufactured here in the United States.