Honda is investing $3 billion to build a new factory in Central Ohio, the company's third assembly plant in the state. Production begins in 2029, with planned capacity of 240,000 vehicles annually. The factory will be located on land between Honda's existing East Liberty and Marysville plants and will create over 2,000 jobs.
The new facility will boost Honda's total U.S. production capacity to around 1.3 million vehicles per year. Honda says the plant will be capable of building gas-powered vehicles, hybrids, and full electric vehicles, though the company did not specify which models will be produced there.
Honda is also expanding hybrid production across its existing U.S. operations. The company's transmission factory in Russells Point, Ohio will have an existing production line converted to build next-generation hybrid systems for compact and midsize vehicles. Honda's transmission factory in Georgia will also produce hybrid systems for larger vehicles.
At the Anna Engine Plant in Ohio, Honda is retooling to produce a next-generation Atkinson-cycle four-cylinder engine for upcoming compact and midsize models. The Lincoln, Alabama factory will receive increased capacity and a new V-6 hybrid powertrain, plus more flexible production lines capable of building multiple models.