Honda Announces £267 Million Investment Programme in Swindon Plant
Honda's biggest UK investment in over 10 years 2012 production
doubles on last year New models and engine line Honda today marks the
launch of the new CR-V model as part of a £267 million investment
programme into new models and engines at its Swindon, UK plant. This is
the single biggest investment into Honda‘s UK manufacturing base in over
a decade.
With the investment supporting the introduction of:
500 new staff -or Associates as they are
known- have been recruited and trained this year to build these new
products, taking the total workforce to 3,500.
By the end of the year, production at the Swindon plant is forecast
to have doubled on last year's figure, up to 183,000 units. Honda aims
to increase that figure to 250,000 units per year, within 3 years .
This announcement is also good news for the UK balance of trade with
60 per cent of the production going for export. Honda's Swindon plant
produces cars and engines for over 60 countries around the world,
including Europe, Middle East, Africa and Australia.
