Business · Companies · 26 mins ago

Honda to invest $166 million in hybrid production in Alliston

Honda to invest $166 million in hybrid production in Alliston

Honda plans to invest $166 million in its operations in Alliston, Ontario.

The investment is intended to expand hybrid production.

Alliston is the location identified for the manufacturing expansion.

Honda says the investment will also strengthen Canadian manufacturing.

The announcement does not give details about which hybrid models will be made or when production will expand.

It also does not say what steps will happen next.

2 sources

Related

What people are saying

Dave JamiesonChief executive officer of Honda Canada Inc.
This renewed investment reinforces Canada’s critical role in Honda’s North American growth and hybrid-electric vehicle strategy and helps position our operations for long-term competitiveness and future opportunities
via Globe and Mail