U.S, April 2 -- In a recent announcement made by Honda of the UK Manufacturing (Honda) has entered into a contract to sell its Swindon site.

"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," commented Jason Smith, Director at Honda of the UK Manufacturing.

The history of Honda UK's Swindon site Originally brought in 1985, Honda will be selling its Swindon site to Panattoni, Europe's largest developer of new build industrial and logistics facilities.

In 2019 Hond...