COLUMBUS, Ohio — Honda is investing $3 billion in a new automotive assembly plant between Marysville and East Liberty, a major expansion expected to create more than 2,000 jobs and strengthen Ohio’s manufacturing industry.
The Ohio Manufacturers’ Association (OMA) welcomed the announcement Monday, calling the investment a significant boost for the state’s economy and its extensive automotive supply chain.
“Today’s news is a major win for the Ohio economy. The economic multiplier for an automotive assembly plant will ripple through Ohio’s unrivaled auto supply chain and beyond,” said Ryan Augsburger, president of the Ohio Manufacturers’ Association.
Augsburger said state leaders will need to continue addressing manufacturing costs and other challenges to keep Ohio competitive for future investments.
He specifically pointed to the need for policies that develop a skilled workforce, improve electricity affordability and provide regulatory predictability.
Honda’s latest investment builds on decades of manufacturing operations in Ohio. The company cited the state’s established automotive supplier network, skilled workforce and nearby research and development operations as factors supporting its decision to expand.
The announcement comes as Ohio prepares for a new gubernatorial administration, with manufacturing competitiveness expected to remain an important issue for state policymakers.
The OMA said investments of this scale are often years in the making and emphasized the importance of maintaining a stable business environment to attract future projects.
Honda’s $3 billion commitment represents another major investment in Ohio’s automotive sector, with the anticipated creation of more than 2,000 jobs and additional economic activity expected throughout the state’s manufacturing supply chain.
