Ted Pratt, spokesman for Honda Manufacturing of Alabama, said in a Monday email to The Star that the Japanese-based automaker plans to invest $71.8 million in a project related to the production of drivetrain components.
HMA employs more than 4,000 workers and is the sole producer of the Odyssey minivan, the Ridgeline pickup truck, the Pilot SUV and the Acura MDX luxury SUV.
"The drivetrain components are part of Honda's 'Earth Dreams Technology,' designed to provide outstanding fuel economy and performance with the V-6 engines and vehicles produced at HMA," Pratt said. "The significant financial investment in our Lincoln facility will enhance the fuel efficiency and performance of our products and enhance the quality and delivery of our Alabama-built products."
Construction, equipment installation and testing are expected to be completed in 2015.
In a press release Monday, Gov. Robert Bentley said this latest project shows the strength of Alabama's automotive sector.
"This latest expansion at Honda is proof that Alabama continues to be a great place for automotive manufacturing companies to be successful," Bentley said.
Since March 2011, HMA has invested more than $508 million in expansion efforts and added more than 450 jobs, Pratt said.
Staff Writer Patrick McCreless: 256-235-3561. On Twitter @PMcCreless_Star.