It will be the company’s ninth auto-related production facility in the U.S. with production expected to launch in 2029, the company said in a news release. Honda will eventually make 1.3 million vehicles a year in the U.S.
Honda Motor Co. plans to build a $3 billion factory in central Ohio to manufacture its next-generation hybrids, boosting its output capacity for the popular vehicles.
Honda will invest $3 billion in a new central Ohio auto plant, expected to open in 2029 with capacity for 240,000 vehicles annually and more than 2,000 jobs. The facility and related North American factory investments will expand production to meet rising demand for hybrids.
MARYSVILLE, Ohio (WCMH) -- Honda announced Monday it plans to invest $3 billion in a new central Ohio auto plant that the company expects to create more than 2,000 jobs and help meet growing demand for hybrid vehicles.
Honda will invest $3 billion in a new central Ohio plant producing 240,000 hybrid vehicles annually by 2029, creating over 2,000 jobs and expanding its longtime U.S. manufacturing presence.