Incentives Soar in Bid for HondaJet Plant

Governments in the Triad region are poised this week to approve $1.3 million in incentives and South Carolina could offer additional enticements.


"We're thrilled that they're here," Johnson said. And he's hoping for more.

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HONDAJET TIMELINE

1986: Honda sends a small group of engineers to study advanced aeronautics at Mississippi State University with the goal of producing an experimental light jet. The project is called MH02.

1995: Honda ends the MH02 project, saying the goals were achieved.

1999: Honda begins working on a jet engine prototype, HF118.

2000: Honda chooses Atlantic Aero Holdings of Greensboro to help create its experimental aircraft.

DECEMBER 2003: Honda begins testing a six-passenger compact jet prototype at Piedmont Triad International Airport in Greensboro.

FEBRUARY 2004: Honda Motor and General Electric announce that they are teaming up to produce the HF118 engine for small aircraft.

JULY 2004: Honda establishes a U.S. subsidiary, Honda Aero.

SEPTEMBER 2004: To launch the HF118 turbofan engine, Honda and GE form a joint venture company, GE Honda Aero Engines.

JULY 2005: Honda debuts the HondaJet at the Experimental Aircraft Association AirVenture gathering in Wisconsin. The plane, powered by two HF118 engines, executes several flybys and a perfect landing.

AUGUST 2006: Honda announces that the headquarters of Honda Aircraft Co. will be in Greensboro.

OCTOBER 2006: Honda begins taking orders for its very light jets and expects to deliver the first jets to customers in 2010.

COMPILED BY RESEARCHER BROOKE CAIN



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