Honda of Japan Invested 6.8 Billion Yens to Erect a New Factory in Malaysia in Operation
Honda of Japan announced on March 13 that its new factory in Malaysia has been in operation since February. The annual production capacity of this new factory is 0.3 million cars. Also, auto parts acquisition, manufacturing and sales are consolidated in a single place -- the new factory. Land acquisition and construction expense for the new factory totaled about 6.8 billion yens. When the factory started its operation, it employed about 1,100 people. The new factory sells its cars to the domestic market in Malaysia. Also, its painting system is highly efficient. The new factory also has exhaust emission testing facilities and a 400-meter long road for driving test.
Data on the new factory:
Location: Penang, Malaysia
When the new factory started its operation: February of 2013
Annual production capacity: 0.3 million cars
Number of employees: about 1,100 people (including part-timers and contract workers)
Area of the factory: 44,426 square meters
Total floor area of the factory: 237,056 square meters