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Honda To Invest $3B In New Vehicle Assembly Plant In Ohio

UTC · CNBC

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Honda to invest $3 billion in new vehicle assembly plant in Ohio · CNBC

Honda will spend $3 billion on a new assembly plant near Marysville, Ohio, starting production in 2029 with capacity for 240,000 vehicles a year and more than 2,000 jobs.

  • Production starts 2029; capacity 240,000 vehicles/year and more than 2,000 jobs.
  • Plant focuses on hybrids but can also build gas vehicles and EVs.
  • Lifts Honda's U.S. light-duty capacity to 1.3 million units annually.
  • Honda's first new U.S. mass-production assembly plant since Indiana in 2008.

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