4 Ways Honda Is Building the Perfect Car Factory
Between a rapidly aging workforce, a domestic auto market that is shrinking, an export industry that “is as susceptible as ever to fluctuating exchange rates” and the “build where you sell” school of thought, Japan’s automotive industry is facing a bleak future as these factors head toward a convergence point.
So what does one do about this kind of situation? Well, if you’re Honda (NYSE:HMC), you sink a ton of money into your new plant in Yorii, just north of Tokyo. It’s not that Honda doesn’t appreciate the risks that it’s taking in investing in its deflating local environment — but instead, Honda is using its Yorii facility as a “petri dish” to test new manufacturing technologies, Automotive News reports. Here are some steps that Honda has taken to make the Yorii plant the pinnacle of manufacturing grace and ease.
4. Stamping Efficiency
With the capacity to produce 250,000 cars per year, Yorii processes a serious amount of metal. By installing a high-speed press and a high-speed die-swapping, stamping production at the site saw positive gains of 40 percent.