Honda to plough �80m into UK plant
Honda is to invest more than £80m to upgrade its UK plant in Swindon, Wiltshire. The news came as the two millionth vehicle was produced this week at the factory.
The Japanese auto maker said that £20m would be invested in the plastics operation, which moulds and paints car bumpers.
A further £16m would go into a new casting facility using the Honda patented process of ASCT (advanced semi-solid casting technology).
This will enable the plant to cast diesel blocks, a process which has only been carried out at Honda in Japan, the company said.
And £50m is being invested in welding and paint production technology to increase efficiency and production flexibility.
The company said the Swindon plant had shown a 25 per cent rise in production volume over the last 18 months. Currently just under 30 per cent of its production of nearly 240,000 car goes to the UK market.
David Hodgetts, plant director, said: "We are extremely proud of our workforce here in Swindon. This major milestone demonstrates the scale of our achievement since our operations began nearly 22 years ago. This fresh investment will enable Honda to improve overall competitiveness and increase the level of localised manufacture in Swindon."
Image: Big investment for Honda's Swindon facility