Honda Is Building a $3 Billion Plant in Ohio — 2,000 New Jobs Are Coming

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Honda is doubling down on Ohio — and bringing 2,000 jobs with it.

The automaker announced Monday that it will build a new $3 billion auto assembly plant in central Ohio, on land between its existing Marysville and East Liberty plants. The new factory will build hybrids, with capacity for 240,000 vehicles a year, and production is set to begin in 2029.

The plant is part of $3.38 billion in total new Ohio commitments from Honda, adding 2,390 jobs overall. That includes $338 million in additional Ohio investments and a retooled engine plant in Anna. A state tax credit for the project was approved Monday.

It will be Honda’s fourth auto plant in Ohio — a state where the company has built cars for more than four decades.

For Northwest Ohio, the news is about more than Marysville. A plant of this size ripples through the state’s auto supply chain, and Ohio’s auto corridor runs straight through Toledo’s backyard.

Source: Reuters | WNCY

Photo: Honda’s existing Marysville plant (pictured; the new plant has not been built yet). Credit: Wiki Historian N OH / Wikimedia Commons, CC BY-SA 3.0.

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