Honda to invest $3 billion in new vehicle assembly plant in Ohio
The plant will add 240,000 vehicles of annual capacity and support Honda’s shift toward hybrids as demand rises in North America.
- On Monday, Honda Canada announced a $166 million investment to retool its Alliston, Ontario, manufacturing facility, partnering with federal and provincial governments to expand hybrid-electric and engine production.
- This funding is part of a broader $867 million commitment to strengthen Honda's North American manufacturing network, ensuring the automaker maintains its workforce of 4,000 Canadian employees.
- The company is pivoting toward hybrid vehicles following its May decision to indefinitely suspend a planned $15 billion electric vehicle complex in Alliston, attributed to shifting market demand.
- Simultaneously, Honda announced a $3 billion investment in a new Ohio automotive plant, creating more than 2,000 jobs and increasing North American production capacity to roughly 1.9 million vehicles.
- Honda Canada President and CEO Dave Jamieson said the investment will "position the Canadian operations for long-term competitiveness and future opportunities," supporting plans to introduce 15 hybrid models globally by 2030.
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KnoxPages.comOMA hails Honda’s $3 Billion investment in Ohio that will lead to 2,000 manufacturing jobs
COLUMBUS — The Ohio Manufacturers’ Association (OMA) welcomed Honda’s announcement Monday of a $3 billion investment in a new automotive assembly plant between Marysville and East Liberty, a major commitment to Ohio’s manufacturing economy expected to create more than 2,000 jobs. “Today’s news is a major win for the Ohio economy. The economic multiplier for an automotive assembly plant will ripple through Ohio’s unrivaled auto supply chain and …
OMA hails Honda's $3 Billion investment in Ohio that will lead to 2,000 manufacturing jobs
COLUMBUS — The Ohio Manufacturers’ Association (OMA) welcomed Honda’s announcement Monday of a $3 billion investment in a new automotive assembly plant between Marysville and East Liberty, a major commitment to Ohio’s manufacturing economy expected to create more than 2,000 jobs. “Today’s news is a major win for the Ohio economy. The economic multiplier for an automotive assembly plant will ripple through Ohio’s unrivaled auto supply chain and …
Honda is earmarking $3 billion for the construction of a new factory in Ohio, United States, with the aim of boosting the production of its hybrid vehicles. Exclusive material for subscribers. To have full access, access the material link and register.
Honda Canada announces plans to retool Alliston, Ont., plant for hybrid production
Honda Canada says it will retool its manufacturing facilities in Alliston, Ont., to expand production of hybrid-electric and gasoline-powered vehicles. The Japanese automaker announced Monday it is partnering with the federal and provincial governments to fund plant upgrades, including the reintroduction of engine manufacturing, with an initial $166-million investment.
Honda to boost U.S. Hybrid production with new $3 billion U.S. auto plant - Peak of Ohio
To meet growing customer demand for hybrid vehicles in North America, Honda today announced it will invest $3 billion to build a new auto plant in Central Ohio, creating more than 2,000 new American jobs and increasing its U.S. auto production capacity to approximately 1.3 […]
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