Honda Plans $3 Billion Ohio Plant With Capacity for 240,000 Vehicles

Honda plans to invest $3 billion in an Ohio assembly plant that would expand its U.S. manufacturing capacity for gasoline-powered, hybrid and electric vehicles. Honda said demand for its vehicles was a reason for adding capacity. The new plant is expected to focus on hybrids. The proposed plant would be near Honda’s existing facilities in Marysville, Ohio, and Honda expects production to begin in 2029. The plant is designed to produce up to 240,000 vehicles a year and is expected to create more than 2,000 jobs. Honda has not named the models it plans to build there. Honda expects the new plant to bring its annual U.S. light-duty vehicle capacity to about 1.3 million. The company operates 12 manufacturing plants in the country; eight produce engines or light-duty vehicles.

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