Honda Aircraft Company has announced plans to expand its global headquarters in Greensboro, NC by investing an additional $15.5 million in a new 82,000-square-foot facility on the site.
This will bring the company's total capital investment in its North Carolina facilities to more than $245 million.
The building will house a new wing assembly process for the HondaJet Elite, the fastest, farthest and highest-flying plane in its class, the company says.
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.
"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," said Michimasa Fujino, president and CEO of Honda Aircraft Company. "We are proud that Honda Aircraft Company is expanding its footprint in North Carolina and in the aviation industry."
The facility is expected to be completed in July 2020.