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Honda Announces Multi-Billion Dollar Investment in Ohio

October 11, 2022
George F. Lang News
 
COLUMBUS – Today at the Ohio Statehouse, Honda of America announced a historic $4.2 billion multi-platform investment for a new factory in Ohio that is slated to provide an estimated 2,200 well-paying jobs.

State Senator George Lang (R-West Chester) praised the announcement, highlighting Ohio and Honda's continued partnership.

"Today is a testament to the longstanding and profitable relationship between Ohio and Honda, spanning some thirty years," Lang said. “Honda choosing to continue to invest in our state points to the emerging fact that Ohio is the best state to live, work, and raise a family."

Honda’s investment comes on the heels of Intel announcing earlier this year the construction of the world’s most advanced semiconductor factory, located in Licking County.

“Honda is Ohio,” said Ohio Senate President Matt Huffman (R-Lima). “It’s the remarkable result of the dedicated Ohioans who have helped grow Honda Ohio’s initial investment in 1982 into the worldwide leader it is today.”

$3.5 billion of Honda’s investment will go toward the building of a battery plant in Fayette County. Honda will also spend $700 million retooling at three plants in Marysville, Anna, and East Liberty, respectively, for the purpose of EV manufacturing.

The project was coordinated through the efforts of the Governor’s office, JobsOhio, and the Ohio Department of Development.