GREENSBORO, N.C. — Honda Aircraft's global headquarters is about to expand.
Honda is breaking ground on an 82,000-square foot facility on its Greensboro campus this summer, investing $15.5 million into the project.
In a press release sent out Monday, the company said they'll break ground on the facility in July. The building will house a new wing assembly process for the HondaJet Elite.
The new facility will allow for more wings to be assembled at the same time, hoping to boost efficiency. The expansion will add more storage for service parts for the growing fleet of HondaJets.
The facility is scheduled to be complete by July 2020.
“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.
The project will bring the company’s total capital investment in its North Carolina facilities to more than $245 million.
“The announcement today by Honda Aircraft Company is a huge boost for Guilford County,” said U.S. Representative Ted Budd (R-NC). “This new $15.5 million dollars in investment shows that our area continues to be a place where businesses thrive.”
"Honda Aircraft Company is the latest example of a manufacturer enjoying the benefits of doing business in North Carolina and expanding their footprint here,” Governor Roy Cooper said. “Their investment in the Triad is a testament to our state's commitment to economic development and the aerospace industry."