May 24, 2013
Honda Motor Company will double the production capacity at its Lincoln plant and add 2,000 jobs.
Honda Manufacturing of Alabama announced it will build a new $425 million unit in Lincoln. The plant will increase production of Odyssey minivans and V6 engines from the current 150,000 to 300,000 in 2004.
Honda officials said the number of workers at the plant will nearly double to 4,300.
Alabama is expected to offer Honda about $90 million in incentives to help bring about the expansion. The incentives will mostly come through tax breaks and worker training.
