This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

2013 Honda Accord EX-L V-6 Sedan (Photo: Business Wire)

Honda today marked its 30 th anniversary of U.S. auto production by reaching cumulative investments of more than $1.2 billion in U.S. manufacturing operations in the last two years, including the announcement today of more than $200 million in new investments in its Russells Point, Ohio, transmission plant and Anna, Ohio, engine plant, which will add 200 new manufacturing jobs. Honda has a cumulative investment in America of more than $12.5 billion.

Line off ceremony of the first U.S. Accord (Nov. 1, 1982) at Marysville, Ohio, Assembly Plant (MAP). ...

Line off ceremony of the first U.S. Accord (Nov. 1, 1982) at Marysville, Ohio, Assembly Plant (MAP). At the podium, Kazuo Nakagawa, first Honda of America Manufacturing (HAM) president. (Photo: Business Wire)

“For 30 years, Honda associates in our U.S. auto plants have challenged themselves and set high standards to create products that meet the needs of our customers here and in markets around the world,” said Tetsuo Iwamura, president and CEO of American Honda Motor Co., Inc., and chief operating officer of North American Regional Operations. “We continue to invest in our associates, helping to keep our operations in America on the leading edge of quality, efficiency and flexibility.”

Consistent with Honda’s longstanding commitment to build products close to the customer, on Nov. 1, 1982 Honda became the first Japanese automaker to produce automobiles in America (using domestic and globally sourced parts) when the first Honda Accord rolled off the assembly line at the Marysville, Ohio, auto plant.

Honda builds automobiles, engines and transmissions in North America at seven auto plants, three auto engine plants and two transmission plants, with the capacity to produce 1.63 million cars and trucks per year. When combined with planned production increases at Honda’s U.S. auto plants, the 2014 start of production of sub-compact vehicles at Honda’s eighth North American auto plant, now under construction in Mexico, will increase Honda’s North American capacity to 1.92 million units.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs