Honda is the world's preeminent maker of engines for automobiles, motorcycles, and power equipment, selling more than 21 million units globally in 2005. Honda engines are characterized by the same clean, quiet, fuel-efficient technology that is behind the company's unparalleled reputation for durability, quality, and reliability. Source:
forester.net Honda Aero will employ approximately 70 associates when the plant reaches its initial production plan of 200 engines per year within about one year of production startup. The company will invest approximately $27 million for construction of the headquarters and manufacturing facility, including equipment. Source:
sev.prnewswire.com In Asia, in addition to subsidiaries, many affiliates accounted for under the equity method manufacture and sell Honda-brand products. Operating income does not include income from these affiliates. Income from these affiliates is recorded as equity in income of affiliates and reflected in net income. Also, accounting terms of some of the affiliates differ from the Company's. Source:
markets.kiplinger.com
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