Honda announced plans to build a new four-wheel vehicle plant in Ohio. It will be the company's 8th site in North America, with an investment of approximately $3 billion and operations targeted to begin in 2029.
Honda announced plans to build a new four-wheel vehicle plant in Ohio. The investment will total approximately $3 billion to meet growing local demand for hybrid vehicles.
The new plant will have annual production capacity of 240,000 vehicles, raising Honda's total annual production capacity in North America from the current 1.67 million vehicles to 1.91 million.
The new site will be Honda's 8th in North America. Located roughly between the East Liberty and Marysville plants, it will be equipped to produce hybrid and electric vehicles.
Operations at the new plant are targeted to begin in 2029. Honda also plans to invest in equipment at existing plants in North America to prepare for production of next-generation hybrid vehicles to be rolled out from 2027.
The new plant is expected to create approximately 2,000 jobs.