Honda Outlines Plans for New Plant in Ohio: Nikkei
Honda Motor has entered the final phase of negotiations to build an automotive assembly plant in the United States, with the state of Ohio emerging as the leading candidate to host the project.
The new vehicle production center would focus on a new generation of hybrid models and is expected to begin operations in 2030, following an investment of between 1.8 and 2.5 billion dollars (mdd), sources familiar with the discussions revealed to the Japanese media outlet Nikkei.
The manufacturing complex, with a capacity to produce 250,000 vehicles per year, will be built near the other two plants the Japanese automaker already operates in the region—located in the communities of Marysville and East Liberty—to take advantage of established supply chains.
Honda CEO Toshihiro Mibe revealed two months ago to a Japanese media outlet that the company’s seven North American facilities are already operating at full capacity, making it imperative to plan for an eighth plant to drive sales growth.
However, given the current tariff environment in the region, the new plant will necessarily have to be built in the United States, where Honda already operates two other manufacturing complexes in the states of Indiana and Alabama.
According to the report, once the operation is up and running, Honda’s total production capacity in North America will increase by approximately 10%, reaching 2 million units annually.
