
Honda to invest $3 billion in new Ohio vehicle assembly plant
Automaker says plant is expected to create more than 2,000 jobs and have annual capacity for 240,000 vehicles as industry tries to localize production
Honda Motor announced Monday it plans to invest $3 billion to build a new vehicle assembly plant near Marysville, Ohio, with production expected to begin in 2029 and capacity for 240,000 vehicles a year. The automaker said the plant is expected to create more than 2,000 jobs and is expected to be capable of building internal combustion, hybrid and all-electric vehicles.