(To read more on the industrial market, click here.)
GREENSBURG, IN-American Honda Motor Co. has chosen a 1,700-acresite here in Decatur County for construction of a $550-millionautomobile plant. With a $41.5-million incentive package and astate investment of about $44 million in infrastructureimprovements, this location beat out other prospective sites inIndiana, Ohio, Illinois, Michigan and Wisconsin.
Construction is scheduled to begin this fall with completionplanned for fall 2008. It will employ 2,000 and have capacity toproduce 200,000 vehicles. This will be the Torrance, CA-basedaffiliate of Tokyo-based Honda Motor Corp.'s sixth auto plant and14th factory in North America.
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