Ohio Gov. Mike DeWine appeared in Marysville on Nov. 10 with Honda executives and state, regional and county development officials to announce a new Honda assembly plant in Central Ohio, according to the Mercer County Outlook. Honda placed the plant's investment at roughly $3 billion and said it would support more than 2,000 jobs.
The facility would become Honda's fourth auto assembly plant in Ohio. It is planned for a site between the company's Marysville and East Liberty plants, with an annual capacity of 240,000 vehicles and the ability to build hybrids, gasoline models and battery-electric vehicles on the same lines. Honda is targeting the start of production in 2029, subject to government approvals; construction timing likewise depends on approvals.
Honda also outlined expansions beyond the new plant. The Anna Engine Plant would gain a retooled line for a next-generation four-cylinder engine plus a larger on-site parts consolidation center, and the Transmission Plant-Ohio in Russells Point would be retooled for two next-generation hybrid systems. Honda said that work would raise Ohio's hybrid-system production capacity by 250 percent in the years ahead. Counting everything announced, the company described 2,390 new Ohio jobs and $3.38 billion in investment.
On incentives, the report said the Ohio Tax Credit Authority approved a tax credit on the morning of the announcement. Honda additionally intends to seek JobsOhio support, with details to be released once a final agreement is signed.
Honda's Ohio history dates to a 1977 plant announcement; motorcycle production in Marysville began in 1979, and the first Japanese-brand car built in the United States came out of the Marysville plant in 1982, per the report. The company now reports more than 15,000 Ohio associates and more than $15 billion invested in the state.