This chapter of the Study examines the direct economic impact of Honda in Ohio in terms of investment, employment, earnings and production. It traces the importance and resulting impact of key business strategies that Honda executed. Findings clearly show the benefit to Ohio from Honda's growth beyond vehicle assembly to become Honda's North American operations hub:
- Honda is Ohio's top manufacturer of motor vehicles.
- Honda employs more than 16,000 Ohioans, with total wages exceeding $1.1 billion annually, is a top-15 Ohio employer, and has never had a layoff.
- Honda has invested $6.1 billion in Ohio since 1979.
- Honda's investment of $5.3 billion in manufacturing in Ohio represents more than 80 percent of Honda's total U. S. investment in manufacturing.
- Honda's vehicle, engine and transmission production output in Ohio since 1979 exceeds $178 billion.
- Honda's vehicle, engine and transmission production output in Ohio in 2003 exceeds $16 billion.
- Honda has received the Governor's Excellence in Exporting Award 3 times since 1995.
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investment in manufacturing.
- Honda's vehicle, engine and transmission production output in Ohio since 1979 exceeds $178 billion.
- Honda's vehicle, engine and transmission production output in Ohio in 2003 exceeds $16 billion.
- Honda has received the Governor's Excellence in Exporting Award 3 times since 1995.
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