Honda increases its investments in Mexico
The Japanese automaker Honda announced Thursday that it will invest $470 million dollars to build its fourth plant in Mexico, which will be located in Celaya, Guanajuato, and will specialize in the production of transmissions. Tetsuo Iwamura, executive vice president of Honda Motor, said the new factory will generate 1,500 direct jobs and will start operations in the second half of 2015. Last year, with an investment of $800 million dollars, the company began the construction of an assembly plant also in Celaya, which will employ 3,200 people in the manufacturing sector when it reaches its