Honda to add CR-V line in $52M Indiana plant expansion

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Honda Manufacturing of Indiana LLC is planning a $52 million expansion of its plant in Greensburg that will allow it to begin producing Honda CR-Vs in early 2017, the company announced Tuesday afternoon.

The expansion of the plant is expected to lead to 100 new jobs at the facility by the end of next year.

About $40 million will be spent to add the new CR-V line at the 1.3 million-square-foot plant, which already employs more than 2,300 workers.

The CR-V was the automaker’s second-highest selling model in the United States in 2015.

Honda also plans to spend almost $12.4 million on a new 20,000-square-foot Associate Resource Center, or ARC—a career-development facility designed to boost employee manufacturing skills.

The facility will offer more than 1,000 self-guided e-learning classes that range from Honda-specific training to universal skills training.

Honda said it will continue to produce Civic models at the plant, which it has done since its opening in 2008. The plant is about 50 miles southeast of Indianapolis.

The company said average salaries for the new positions will be higher than the state’s average wage of about $45,000 per year.

The Indiana Economic Development Corp. offered Honda up to $860,000 in conditional tax credits and up to $140,000 in training grants based on the job-creation plans. The incentives hinge on the company’s ability to meet the job commitments, the IEDC said.
 

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL: 50% OFF a subscription to both IBJ + Inside INdiana Business. GET DEAL

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 9, 2024 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 9, 2024 at midnight.

new subscribers only

Already a paid subscriber? Log In

CYBER WEEK SPECIAL
TAKE 50% OFF

a subscription to both IBJ + Inside INdiana Business.
Expires December 9, 2024 at midnight.

new subscribers only

GET DEAL

Already a paid subscriber? Log In

GET DEAL

CYBER WEEK SPECIAL

a subscription to both IBJ + Inside INdiana Business.
Expires December 9, 2024 at midnight.

new subscribers only

Already a paid subscriber? Log In