The new factory will be Honda’s third in Ohio, and Honda is also investing in its transmission facilities to convert them to building hybrid systems.

Honda is already well entrenched in Ohio. The Japanese automaker has two vehicle assembly factories in the state, in East Liberty and Marysville, along with the Anna Engine Plant and a transmission facility in Russells Point. Now Honda is taking its commitment to Ohio even further, announcing today a plant to build a new factory in Central Ohio and to invest $3 billion into the project.

The new factory will be located near Honda’s existing manufacturing facilities, on land between the East Liberty and Marysville plants. Production is set to kick off in 2029, and the factory will have a planned capacity of 240,000 vehicles, boosting Honda’s U.S. production capacity to around 1.3 million vehicles per year. The new factory will create over 2000 new jobs, Honda says. Honda didn’t specify what would be built at the new factory but did say it would be capable of producing everything from gas-powered models to hybrids and full EVs.

The new factory is just one part of an increased investment in hybrid vehicles from Honda. The company is also investing in its factory in Lincoln, Alabama, planning to increase production capacity and expand engine production to include a new V-6 hybrid powertrain. Honda says the plant will also get more flexible, by being able to build multiple models on the two vehicle production lines. The Anna Engine Plant, meanwhile, is undergoing a substantial retooling in order to produce a next-generation Atkinson-cycle four-cylinder engine for upcoming compact and midsize models.

Source link