Honda, LG to build $3.5B battery plant, hire 2,200 in Ohio

Sourceabc news
Date Published10/11/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Honda
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):100
Year reshoring announced:2022
Domestically, the work will be done:In-house
Capital investment ($):233
Country(ies) from which reshored:Japan
City reshored to:East Liberty
State(s) reshored to:OH
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredEVs
What domestic positive factors made reshoring more attractive?Government Incentives, IRA
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