Honda invest £267 million in Swindon plant

Honda invest £267 million in Swindon plant

Published 09-09-2012

This is Honda’s biggest UK investment in over 10 years, which will see 2012 production double on last year, and 500 new staff members have been recruited.

Honda will be seriously ramping up production at its 370 acre Swindon site with an investment of £267 million.

The site is expected to produce 183,000 cars this year, with output forecast to rise to 250,000 within three years.

500 new staff - or Associates as they are known - have been recruited and trained this year to build these new products, taking the total workforce to 3,500.

Dave Hodgetts, Managing Director of Honda UK said: "This investment programme underpins Honda's commitment to manufacturing in Britain and to our UK workforce.

"It reaffirms the Swindon plant's position as the cornerstone of Honda's European operations, as it has been for the past 25 years."

Business Secretary Vince Cable said: "This multi-million pound investment by Honda in its 20th year of car production in the UK is great news for Swindon and the automotive sector. Having created a host of new jobs, the investment supports Government's ambition to encourage new investment and exports as a route to renewed growth and a more balanced economy."

This is great news for the UK car industry with Honda investing over £1.5 billion into the Swindon factory over the years.

2012 is proving to be a great year for Honda and they will strive to make sure it continues.