Honda to Double Automobile Engine Component Production Capacity in Thailand.Tokyo, Japan, July 20, 2005 - (JCN JCN Japan Corporate News JCN Journal of Cognitive Neuroscience JCN Journal of Cardiovascular Nursing JCN Journal of Christian Nursing JCN Job Control Number JCN Journal of Child Neurology JCN joint communications network (US DoD) Newswire) - Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : 7267)(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : HMC HMC Harvey Mudd College (Claremont, CA) HMC Harborview Medical Center (Seattle, Washington) HMC Hosted Messaging and Collaboration HMC Hoffman Modulation Contrast )(LSE LSE - Language Sensitive Editor : HNDA.L) today announced plans to double production capacity at the engine plant of Honda Automobile (Thailand) Co., Ltd. (HATC HATC Hrvatsko Austrijski Trening Centar (Hungarian) ), a Honda automobile production and sales subsidiary in Thailand, from the current 150,000 units annually to 300,000 units in the spring 2006. Total investment for this expansion plan is expected to be approximately 4 billion yen. Processes conducted at the HATC engine plant currently include molding and machining of the cylinder block and machining of the cylinder head, both key components of an engine. These components are supplied domestically in Thailand as well as to Honda operations in other ASEAN ASEAN: see Association of Southeast Asian Nations. ASEAN in full Association of Southeast Asian Nations International organization established by the governments of Indonesia, Malaysia, the Philippines, Singapore, and Thailand in and South West Asian countries. With this plan to double capacity, the plant building will be expanded to accommodate a second machining line and molding processes for the cylinder head to achieve integrated production of the cylinder block and cylinder head. Moreover, the HATC engine plant began production of cylinder sleeves this month with introduction of a "spin cast" production process that does not require sand casting. Thailand became the third country, after Japan and the U.S., where Honda has introduced this spin cast method. About Honda Automobile (Thailand) Co., Ltd. (HATC)
Established: December 2000
Capital Investment: 5.46 billion baht
Capitalization Ratio: 75.94% Honda Motor Co., Ltd.
15.42% Asian Honda Motor Co., Ltd.
8.64% Others
Location: Ayutthaya, Thailand
Representative: Hiroshi Toda, President
Employment: Approximately 3,700 associates
Business Areas: Production and sales of automobiles
Production of engine components
Automobile
Productions: Accord, Civic, City, Jazz, CR-V
Automobile Production
Capacity: 120,000 units / annually
Copyright [c] 2005 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K. |
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