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Honda to build new $3 billion auto plant in Ohio, adding 2,000 jobs

By Reuters1 min readInvesting.com
Honda to build new $3 billion auto plant in Ohio, adding 2,000 jobsHonda to build new $3 billion auto plant in Ohio, adding 2,000 jobs

Honda to build new $3 billion auto plant in Ohio, adding 2,000 jobs

WASHINGTON, Nov 9 (Reuters) - Honda Motor said Monday it will build a new $3 billion auto plant in central Ohio to build hybrid vehicles, creating 2,000 jobs.

The Japanese automaker said the plant will be able to produce 240,000 vehicles annually and begin production in 2029. Honda also plans new investments in Canada and Ohio, Georgia and Alabama.