Tuesday, May 10, 2011

Honda investing $97 million at Lincoln

TALLADEGA COUNTY — Honda Manufacturing of Alabama in Lincoln is investing $97 million in its facility creating 20 new jobs.

The announcement of the investment came during the County Commission meeting Monday night. The commission approved a tax abatement for HMA for the investment.

Warren Mathews, an attorney from Burr & Foreman, a law firm that represents HMA, presented the request for tax abatement to the commission.

The overall project will consist of new investments that will increase current production capacity and support the transfer of the Acura MDX luxury sport utility vehicle to Alabama in 2013.

According to Mark Morrison, manager of HMA’s Corporate Affairs and Communication, at the conclusion of the project, and combined with the previous project HMA announced in March, HMA’s total capital investment in Lincoln will grow to more than $1.7 billion.

In another matter, Edward Jennings, a longtime resident of Hindman Lane in Talladega, paid another visit to the commission in regards to the immobility he believes the commission has taken with his previous concerns.

Source;
http://www.dailyhome.com/view/full_story/13187827/article-Honda-investing--97-million-at-Lincoln?instance=home_right

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