Honda to invest $3 billion in new vehicle assembly plant in Ohio
The plant near Marysville is expected to start production in 2029 and create more than 2,000 jobs.
Honda plans to invest $3 billion in a new vehicle assembly plant near its existing facilities in Marysville, Ohio, the automaker announced on Monday. The plant is expected to begin production in 2029 and have capacity for 240,000 vehicles a year.
The facility is expected to build gas-powered vehicles, all-electric vehicles and hybrids, with hybrids growing in popularity in the U.S. Honda said the plant would lift its U.S. light-duty vehicle capacity to 1.3 million units a year. It would be the company's first new mass-production U.S. vehicle assembly plant since its Indiana facility opened in 2008.
The move comes as automakers try to build more vehicles in the U.S. amid tariffs under President Donald Trump and higher logistics costs. Audi recently announced a plan to invest more than $4 billion in a Georgia plant, and General Motors, Ford, Toyota and Hyundai have also announced large U.S. investments. In May, Honda had indefinitely suspended an $11 billion EV and battery plan in Canada and canceled three planned EVs for the U.S. market.
Key points
- $3 billion investment in Marysville, Ohio, with production expected in 2029
- Capacity of 240,000 vehicles a year and more than 2,000 jobs
- Plant can build gas, hybrid and all-electric vehicles
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