Honda to invest $3 billion in new vehicle assembly plant in Ohio
The plant will focus on hybrids and be capable of making gas and electric vehicles, with production set to start in 2029.
- 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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The Japanese automaker Honda plans to build a factory worth $3 billion in the US state of Ohio. The factory will be used for the production of the next generation of hybrid vehicles, according to Honda.
Honda bringing $3B plant to Ohio
(The Center Square) – Honda on Monday announced plans for a $3 billion manufacturing plant in central Ohio to boost its production of hybrid vehicles, a project that could bring 2,000 jobs to the area between East Liberty and Marysville.
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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 …
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