Honda Aircraft Company is planning to expand its global headquarters in Greensboro, North Carolina by investing an additional $15.5 million in a new 82,000 sq ft facility on its 133 acre campus. This will bring the company's total capital investment in its North Carolina facilities to more than $245 million.
Scheduled to break ground in July 2019, the building will house a new wing assembly process for the HondaJet Elite. The new facility will allow for more wings to be assembled concurrently, resulting in a major increase in production efficiency. Additionally, this expansion will add more storage for service parts for the growing fleet of HondaJets around the globe. The facility is expected to be completed in July 2020.
“As the HondaJet's popularity and presence continues to increase around the world, it is necessary for our facility to meet our production and service needs while operating at the highest level of efficiency,” says president and CEO Michimasa Fujino. “We are proud that Honda Aircraft Company is expanding its footprint in North Carolina and in the aviation industry.”
Federal, state and local officials offered perspectives on what the company's expansion at its Greensboro facilities will mean for the region and the aviation industry.
“Honda Aircraft Company has invested millions of dollars and created thousands of jobs in the Greensboro region, and the expansion of its headquarters is great news for North Carolina families,” says Senator Thom Tillis. And US representative Ted Budd adds: “The announcement today is a huge boost for Guilford County. This new $15.5 million dollars in investment shows that our area continues to be a place where businesses thrive.”
“This is the latest example of a manufacturer enjoying the benefits of doing business in North Carolina and expanding their footprint here,” continues governor Roy Cooper. “Its investment in the Triad [Greensboro, Winston-Salem, and High Point] is a testament to our state's commitment to economic development and the aerospace industry."
Executive director of the Piedmont Triad Airport Authority Kevin Baker stated, “We are thrilled that Honda Aircraft Company will expand its facility here at the airport. This expansion further solidifies the Triad's reputation as the centre of the aerospace industry in North Carolina, and exemplifies Honda Aircraft's commitment to the aviation industry, the region and the state.”