Honda To Invest $218 Million In Anna, Russells Point Plants

A recent downgrade of expectations for profits in 2012 is not stopping Honda from expanding production at plants its main engine and transmission plants.(Photo: Honda News (flickr))
A recent downgrade of expectations for profits in 2012 is not stopping Honda from expanding production at plants its main engine and transmission plants.(Photo: Honda News (flickr))

Honda says it will invest $98 million at its largest auto engine plant so the Shelby county facility can produce components for a new type of transmission.

The engine plant in Anna will make high-tech pulley components for Honda’s new continuously variable transmission, or CVT.

That’s on top of the $120 million Honda will spend to add an assembly line at the transmission plant in Russells Point, near Bellefontaine.

The combined investments are expected for create about 150 jobs.

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