| The Honda Manufacturing of Alabama LLC | | | | taxes and $1,710,000 which has been |
| earlier announced a new $64.5 million | | | | abated from estimated |
| expansion project. The project of the | | | | construction-related transaction taxes. |
| Japanese auto manufacturer, which is set | | | | The agreement stated that Honda and |
| to begin on May 1, is expected to create | | | | Talladega County each agree to pay its |
| 20 new jobs. | | | | own costs and expenses related to the |
| The HMA's new project also include | | | | abatement. The county will not charge |
| 27,000 square feet of extra building | | | | HMA a fee to secure the abatements and |
| space that will house and operate a | | | | the company will continue to be |
| steel banking facility alongside the | | | | primarily liable for the agreement to be |
| present steel stamping lines. The | | | | carried out as stated. "Anything that |
| project also covers the multi-million | | | | will bring more jobs in for the county |
| dollar expansion to continuously enhance | | | | is a wonderful project," said |
| Honda's annual vehicle turnaround to | | | | Commissioner Jimmy Roberson. "The |
| more than 300,000 units. | | | | abatements will go away, but those jobs |
| "The addition of a steel banking | | | | are here to stay." |
| facility will offer improved efficiency | | | | HMA, at present, employs over 4,500 |
| in costs, quality and delivery for our | | | | associates. In the state of Alabama, the |
| Alabama manufacturing operations," said | | | | company has a total of $1.3 billion |
| Mark Morrison, the manager of corporate | | | | investment. Since October 2006, the |
| affairs and communication for the HMA. | | | | company has shown plans for a $91 |
| "We believe the investment and | | | | million additional investment and this |
| additional employment offered by this | | | | project will bring the manufacturing |
| new venture also will benefit our | | | | company to well over the $100 million |
| customers and the community." | | | | mark. |
| With a motion from the District 1 | | | | Honda is most notable in the manufacture |
| Commissioner Ed Lackey and a second from | | | | of both automobiles and motorcycles. But |
| the District 5 Commissioner John Carter, | | | | it is also famed in the manufacture of |
| the commission approved the tax | | | | trucks, scooters, jets and jet engines, |
| abatement of the company for sales, use, | | | | robots, ATV, water craft, electrical |
| and property taxes. Land abatements will | | | | generators, lawn and garden equipment, |
| last over a period of a decade for each | | | | marine engines, and aeronautical and |
| piece of property and start on a | | | | other mobile technologies. The |
| property-by-property basis. | | | | automaker, headquartered in Tokyo, |
| As estimated by experts, Honda will | | | | produces state-of-the-art auto parts |
| receive a $167,700 break from the annual | | | | accessories like the Honda fender, |
| amount of non-educational ad valorem | | | | engines, radiator, filter, and more. |