Honda to Build Transmission Plant in Georgia

PRNewswire ^ | Nov 9th, 2004 | not listed

[A Balrog of Morgoth]

ATLANTA, Nov. 9 /PRNewswire/ -- Honda today announced plans to build a $100 million plant in the city of Tallapoosa, Ga., 40 miles west of Atlanta, to produce automatic transmissions as part of a broader North American Powertrain Strategy. The plan also includes significant investments to add production of high precision gears at a Honda transmission plant in Ohio, and key engine components at a Honda engine facility in Alabama. In all, Honda will invest $270 million and create 600 jobs across three states.

[Alberta's Child]

Most manufactured freight is not shipped in "specialized ships" at all. In fact, I contend that the primary factor in the movement of U.S. manufacturing jobs overseas over the last few decades has not been labor cost savings, the U.S. legal/regulatory climate, currency strength, free trade agreements, etc. . . . it's been the growth of containerized shipping, which allows various types of freight carriers (truck, rail, maritime) to ship finished products in modular units that don't need to be unloaded at multiple points in the shipping process.

The logistics process has become so fine-tuned and efficient that individual commodities don't matter in the containerized shipping process . . . for freight carriers, the "commodity" they carry is the container!

[BurbankKarl]

oh yeah...

Toyota just announced a 7th plant.

[rdb3]

My God . . . what happened to your love affair with Ford trucks?!?!?!?

I still have it. An '03 F150 (PowerStroke, baby!) Lovely Lariat and got it for a steal right before they rolled out the '04 body style.

But he mentioned GM, and there are two GM vehicles in the household.

Can't say that I don't buy American.

[BurbankKarl]

***...Toyota Chairman Okuda's Monday comments came as Toyota reported an unexpected drop in second-quarter profits. The decline was partly due to a stronger yen, but it also reinforced Toyota's strategy of producing vehicles in the countries where they're sold to minimize currency fluctuation impacts and cut delivery times.


Sorry, I have read Automotive News every week for the past 15 years, and the WSJ daily....but the lower dollar is making these companies invest in the US. Just like Airbus promising to build a plant here if they win part of the refueling contract.

[Alberta's Child]

I didn't know Ford offered the F-150 with the PowerStroke diesel. Do they still offer that combination?

[rdb3]

I didn't know Ford offered the F-150 with the PowerStroke diesel. Do they still offer that combination?

They most certainly do. Then again, this is Texas. Trucks are a way of life here.

[Righter-than-Rush]

600 jobs will not even begin to soak up the millions of lost factory jobs thanks to NAFTA and GATT.

[July 4th]

No coincidence at all. The Japanese have figured out how to build an amazingly reliable car. My Acura (Honda) has been brutalized by being parked outside in years of Wisconsin winters, and it's never had a significant problem.

[July 4th]

Yeah, that was an amazing - but total - disaster. Many of those cars were from the BMW european delivery program. They had been picked up by their owners, driven in Germany, and were on their way to the US.

[oceanview]

it had some Volvos on it too!

[A Balrog of Morgoth]

You mean the millions of lost factory jobs due to the fact that the products they made were either obsolete or made more cheaply elsewhere.

If an industry needs high tariff barriers to survive, it is no longer an industry. It is just another welfare recipient.

[A Balrog of Morgoth]

Part of our decline to a 3rd world economy. Can you imagine this occurring during our parent's time. One the bright side, buy good Japanese companies. Its a good hedge against the impending dollar collapse.

You may recall WW2? We were just about the only industrial economy going during the following generation. That sort of dominance could not have continued.

[Rebelbase]

Found the salvage company website that "Raised the Tricolor".

Amazing Salvage photos.

http://www.tricolorsalvage.com/pages/infographic.asp

[gathersnomoss]

Kerry had a plan to double that workforce. We should have known.

[leprechaun9]

Kerry to introduce legislation (when he finds the Senate) to prohibit the Japanese from Outsourcing to the United States!