Honda begins transmission, engine valve output in Indonesia.
An Indonesian subsidiary of Japan's Honda Motor Co. began production of automatic transmissions and engine valves at its new plant in the suburbs of Jakarta on Thursday, the parent firm said.
The new plant run by P.T. Honda Precision Parts Manufacturing plans to manufacturer 250,000 automatic transmissions and 550,000 engine valve sets in 2004, Honda said.
The products will be supplied to Honda's auto assembly plants in the region of the Association of Southeast Asian Nations as well as to Honda plants in Europe and other areas, the company said.
Capitalized at $64 million, the subsidiary, wholly owned by Honda, employs 1,000 local workers.
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|Publication:||Japan Transportation Scan|
|Date:||Sep 29, 2003|
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