HINO TO MAKE SUBSTANTIAL INVESTMENT TO EXPAND U.S.
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Novi, Michigan, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Hino announced today a substantial investment plan to strengthen its U.S. operations with the introduction of a new truck line and new facilities.
Today at a press conference, Hino announced its plan to purchase the former Cold Water Creek distribution center and convert it into its new truck assembly plant in Mineral Wells, West Virginia, close to its current plant. The new plant, planned to be operational in early 2019, will also house cab assembly, an operation currently conducted in Japan. “The new plant, which is four times the size of our current plant, will allow us to combine several assembly operations under one roof which will provide significant efficiency gains,” noted Hino Motors Manufacturing U.S.A. President, Takashi Ono.
Also, West Virginia Governor Jim Justice stated, “West Virginia has enjoyed a very good relationship with Hino. This new plant demonstrates that Hino has confidence in our state, and West Virginia is a great place to do business. On behalf of everyone in the Mountain State, I thank Hino for their continued investment and the creation of new jobs.”
The total investment to the new plant will be approximately $100 million, creating about 250 new jobs in early 2020 over a two-shift operation.
In addition to producing Hino’s current award-winning line up of conventional trucks, the new truck assembly plant in West Virginia will produce a new line of Class 7 and 8 trucks which Hino plans to introduce in 2019. The truck will be powered by Hino’s proven A09, 9-liter engine. Already sold in many other markets around the world, the Hino A09 engine will have a horsepower range from 300-360 HP. Hino is planning a public reveal of the new truck at the 2018 NTEA Work Truck Show. “These are truly exciting times for Hino in the U.S. Our growth and customer acceptance in the Class 4-7 market are enabling us to introduce wider variety of products” stated Yoshinori Noguchi, CEO of Hino North America.
As part of Hino’s growth plan, Hino broke ground last month on a new state of the art corporate office in Novi, Michigan. Hino is consolidating all operations in its new corporate headquarters, including sales, marketing, service, engineering, purchasing and manufacturing. Hino’s Insight Diagnostic Center, which monitors vehicle performance and uptime for all Hino trucks equipped with Insight, will also operate out of the Novi headquarters. During the ground breaking ceremony, Noguchi said, “Today’s ground breaking not only signifies Hino’s growth in the U.S., but also a new beginning for our operations in the U.S. within our new U.S. headquarters. In that spirit, we are excited to break ground on our new office and collectively work together as one Hino U.S. team.” Investment in the new state of the art corporate office, which consolidates all the operations, totals $20 million.
About HMM and Hino Trucks. Hino Motors Manufacturing U.S.A., Inc. (HMM) headquartered in Farmington Hills, Michigan, is a wholly owned subsidiary of Hino Motors, Ltd., and sister company to Hino Motors Sales, Inc., (Hino Trucks). Together, HMM and Hino Trucks manufacture and distribute America’s fastest growing premier truck brand. With a combined ten facilities spanning five states supporting manufacturing, R&D, Sales and Parts Distribution, the two companies employ over 1,000 people. HMM assembles medium duty trucks in Williamstown, West Virginia, manufactures automotive parts in Marion, Arkansas, and operates parts centers in Mira Loma, California and Gahanna, Ohio. HMM is also a Tier-1 supplier of high quality automotive parts throughout North America. Learn more about HMM at http://hmmusa.com Learn more about Hino Trucks at http://www.hino.com
Attachments:
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/Attachm...0ff3ee23b8
Dominik Beckman, Director Marketing and Dealer Operations Hino Motors Sales U.S.A., Inc. 248-699-9300 marketing@hino.com Davey Jung, Executive Vice President Hino Motors Manufacturing 248-442-6876 marketing@hino.com
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