Trump Seals Another Deal: Leading Foreign Automaker to Invest $100 Million in U.S. Factory!

Honda plans on investing $100 million in opening a plant in northwest Georgia.

From bizjournals: Japanese automaker Honda Motor Co. Ltd. will invest $100 million in its northwest Georgia plant to make the world’s first 10-speed automatic transmission for front-drive vehicles. The 10-speed automatic transmission will initially appear in the 2018 Honda Odyssey minivan.

The product will be rolled out to other Honda and Acura models over time. Honda decided to put the new product line at its 400,000 square-foot transmission plant in Tallapoosa, Ga. because of its proximity to the automaker’s Odyssey factory in Lincoln, Ala., a spokesman said.

The new transmission, designed in-house at Honda, provides a smoother ride and boosts fuel efficiency, the automaker claimed.

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