Honda announced today that they have chosen a site outside Greensburg, Indiana for a new $550 million auto assembly plant.
The plant, when it comes online in the fall of 2008, will add 200,000 units to Honda's capacity. The plant will be located 50 miles southeast of Indianapolis and a mere 100 miles from Honda's engine plant in Avon, Ohio.
Initial employment at the plant is expected to be 2000.
This new plant helps offset the loss of many of the GM plants that previously operated in central Indiana and joins plants by Subaru and Toyota as foreign owned auto assembly plants in Indiana.