November 19, 2007
Honda begins construction of new auto plant in Argentina
Honda has broken ground on a new auto plant in Campana, Argentina. Click image to enlarge
Buenos Aires, Argentina – Honda Motor de Argentina S.A. (HAR), a Honda subsidiary in Argentina, has held a groundbreaking ceremony to mark the start of construction of its new auto plant in Campana, in Buenos Aires province. The ceremony was attended by the president of Argentina, as well as Sho Minekawa, Honda’s chief operating officer for regional operations for South America.
The new plant is scheduled to begin operations in the second half of 2009, with processes to include stamping, welding, painting, final assembly and engine assembly. Annual production capacity will be 30,000 units, with employment of 800 new workers. The plant represents a total investment of about US$100 million.
With continued market growth expected in Argentina, Honda will begin local automobile production to meet expanding market demand. The new plant will also begin exporting products to other countries in South America, and play a key role in Honda’s production network in South America, along with the Honda auto plant in Brazil.