Honda Power Equipment marks 35 years with $46.5 million expansion, new product announcements
Officials at Honda Power Equipment, a subsidiary of Honda Motor Co. (NYSE: HMC), on Tuesday marked the company’s 35th anniversary by announcing a 135,000-square-foot expansion of its plant in the Alamance County town of Swepsonville.
The $46.5 million expansion will in part provide manufacturing space for Honda’s new model-GCV general purpose engine, which will be used in its new model-HRN lawn mower. Production of the HRN is expected to begin in September. The new mower was developed by Honda Power Equipment R&D, which is housed next door to the manufacturing plant.
When complete and fully operational, the new line will have the capacity to produce 300,000 HRN mowers per year.