Honda Motor Co., Ltd. (ADR) (NYSE:HMC) subsidiary Honda Aircraft Company, LLC announced that it has started construction on a $20 million, 90,000 square foot, repair, maintenance and overhaul (MRO) facility at the Piedmont Triad International Airport in Greensboro, North Carolina. The site is an extension of Honda Aircraft’s world headquarters in Greensboro.
The new aircraft MRO will include a 24-7 support center to facilitate maintenance for up to 12 aircraft simultaneously. The MRO facility will also house the Product Support Group to support the customer and aircraft after delivery, and administer HondaJet Warranty and Service Plans. The project could see the firm hire more than 400 additional employees during the next few years and, according to the company bring Honda Aircraft’s total capital investment for construction in the area to over $120 million.
Honda, a recent entry into the aircraft business, claims it is “geared up to build the fastest, most fuel-efficient jets in their class”. The jet’s over-the-wing engine configuration certainly presents a unique profile, and the company says the design reduces cabin noise and increases cabin space. To get a look, go to the company’s website by clicking here.