Honda to build another North American factory?

Honda Motor Company has designs on bringing a sixth plant to North America. According to the Associated Press, the automaker expects the facility to come on-line in 2009 and add 150,000 units of capacity to the automaker's operations, with an eye towards a second line potentially doubling the plant's output down the road. For its part, Honda spokesman Shigeki Endo wouldn't speak on the matter beyond suggesting that the report is "...based on speculation," but the automaker has a press Tokyo press conference scheduled for Wednesday.

If Honda decides to go ahead with the plant, it would augment the company's existing 1.4 million units of capacity  in North America, presently churning out from facilities in Ohio, Alabama, Mexico, and Canada.

[Sources: The Associated Press via SFGate.com; Daily Home]