From Nikkei Asia · · 40s
Topre to build US factory with $140m investment
Topre, a Honda supplier, opens US factory with $140m investment for hybrid vehicle production.
In brief
Topre, a Honda supplier, opens US factory with $140m investment for hybrid vehicle production. Topre will spend $140 million to build a factory in Alabama and upgrade a Tennessee plant as Japanese automakers boost hybrid output. Originally reported by Nikkei Asia.
Quick answers
- Why the move?
- The investment follows Japanese automakers boosting output of hybrid vehicles as customers ramp up production.
- What happens next?
- Topre strengthens US production capabilities to support growing demand for hybrid vehicles.
- What is the key takeaway from Topre to build US factory with $140m investment?
- Topre will spend $140 million to build a factory in Alabama and upgrade a Tennessee plant as Japanese automakers boost hybrid output.
Topre investment plan
Topre, a Honda supplier, will spend $140 million to build a factory in Alabama and upgrade a Tennessee plant.
Why the move?
The investment follows Japanese automakers boosting output of hybrid vehicles as customers ramp up production.
What happens next?
Topre strengthens US production capabilities to support growing demand for hybrid vehicles.
The essence
Topre will spend $140 million to build a factory in Alabama and upgrade a Tennessee plant as Japanese automakers boost hybrid output.