Honda to build new $3 billion auto plant in Ohio, adding 2,000 jobs
HMC•Honda will build a $3 billion hybrid-vehicle plant in central Ohio, creating 2,000 jobs. The facility is designed to produce 240,000 vehicles annually starting in 2029.
1. Ohio plant plans
Honda said it will build a $3 billion auto plant in central Ohio to make hybrid vehicles, creating 2,000 jobs. Production is slated to begin in 2029, and the plant will be able to produce 240,000 vehicles annually.
2. Capacity and investments
The plant will increase Honda’s U.S. auto production capacity to 1.3 million vehicles annually and North American capacity to 1.9 million. The company also plans investments in Canada, Ohio, Georgia and Alabama, including a new V6 hybrid engine in Alabama and retooling engine and transmission plants.
3. Wider industry spending
Honda announced plans in May to add 15 Honda and Acura hybrid models worldwide by 2030. It has also scrapped electric-vehicle sales goals and indefinitely suspended an $11 billion Canada EV project as part of a $9 billion EV writedown. Other automakers have announced U.S. investments as they face tariffs.
