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Honda UK's Swindon Plant Secures New Future

30 March 2021


Honda UK Secures Swindon Plant Future

Honda has agreed to sell its Swindon production plant to American logistics specialist Panattoni, securing the future of a facility that currently employs 3,500 people and produces 150,000 vehicles. It has been anounced that US-based warehousing specialist Panattoni are taking on the sprawling site following the conclusion of decommissioning work by Honda, expected in spring next year, with the company saying it will be making a £700m investment in its logistics-related development. Matthew Byrom, Panattoni's UK Managing Director said: "The acquisition of the 370-acre Honda facility demonstrates our capabilities to work at scale. The re-development of this strategic employment site will deliver thousands of new opportunities in roles which underpin the operation of the local and regional economy."

Honda UK have delivered on their promise to leave behind a sustainable legacy for the plant. Jason Smith, Honda UK's Director said: "We are pleased to have identified a capable new owner of the site. From our engagement with Panattoni and initial discussions with Swindon Borough Council, we are confident that the new owner can bring the development forward in a commercially timely fashion and generate exciting prospects for Swindon and the wider community." Honda UK also stated Panattoni is “currently delivering a 2.3 million sq ft logistics centre for the largest internet retailer", representing "£400-million of private investment” and creating “in the region of 2,000 new jobs including the construction phase and future operations”. 

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