Honda to invest $3 billion in new vehicle assembly plant in Ohio

TITLE: Honda to invest $3 billion in new vehicle assembly plant in Ohio
Honda Motor announced on Monday a $3 billion commitment to construct a fresh vehicle assembly facility in Marysville, Ohio. This new site, located near the company's established Marysville operations, is slated to begin production in 2029. Once fully operational, the plant will produce 240,000 automobiles every year while employing more than 2,000 workers.
Expanding Production Capacity in Ohio
The upcoming factory will feature a flexible production line capable of building traditional internal combustion engine cars, fully electric models, and hybrid vehicles. The inclusion of hybrids comes as those models see a surge in demand among American consumers. This expansion is expected to push the
Source: CNBC · 2026-11-09