The Anna, OH plant will produce advanced pulley components for Honda’s new continuously variable transmission, or CVT. This new technology is designed with the goal of improving fuel efficiency.
According to Forbes, “Honda is introducing a new engine and transmission family called “Earth Dreams,” all meant to emphasize fuel economy as well as performance. It encompasses everything from gasoline and diesel engines to hybrids and transmissions.”
Honda also invested $120 million for CVT production at the nearby Russells Point plant. According to the automaker, the two combined investments will create 150 new jobs for the area.
“The production of this new CVT technology puts the Buckeye State right in the middle of Honda’s global strategy,” said Hide Iwata, president and CEO of Honda of America Manufacturing Inc.
Currently, the Anna plant employs 2,400 people who produce more than 1.1 million engines annually. The Russells Point plant makes automatic transmissions and 4WD assemblies, and employs 1,050 workers. Overall, Honda has approximately 13,500 employees in Ohio performing manufacturing, support, research and development tasks.
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