Honda Manufacturing of Alabama Statistics

Wednesday, December 2, 2015

 

In an analysis released today from the Economic Development Partnership of Alabama it shows how Honda Manufacturing of Alabama and its Tier-1 suppliers have become an economic powerhouse. They are together responsible for more than 43,000 jobs and 4.4 percent of the state’s total annual output of goods and services. Honda’sAlabama auto assembly plant generated $6.8 billion in economic activity in the state last year, underscoring the far-reaching impact of the automaker’s $2 billion facility in Talladega County. The analysis yields an in-depth look at Honda’s Alabama economic impact, particularly in – Talladega, Calhoun, Etowah, St. Clair and Jefferson counties, which supply 87 percent of the plant’s workforce. According to the analysis, the Honda assembly plant and its top suppliers had an economic impact of $8.4 billion in 2014, about 4.4 percent of Alabama GDP. In 2014, Honda produced more than 360,000 vehicles and V-6 engines in Alabama – three times the plant’s original capacity.

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