Click here for photo information Click here for photo information
Honda of America Mfg, Inc. Home Our Company Our Neighbors Honda in Ohio News & Events
Honda of America Mfg. Photo Honda of America Mfg. Photo Honda of America Mfg. Photo
Everyone knew Honda was an important part of Ohio's economy, but we wanted to know just how important.

As Honda reaches its 25th year of operation in Ohio, we asked an outside firm specializing in analyzing complex economic, budget and tax issues, to study and evaluate the following questions:

  • What has been the economic impact of Honda establishing manufacturing, production engineering, research and development, purchasing and related operations in Ohio?
  • Was the investment by the State of Ohio in attracting Honda to locate and grow its principal operations in the state a sound investment?
  • Is Honda making a long-term contribution to Ohio and its
Economic Impact
    economy?

To do so, we examined the following:

From Honda

  • Company financial and business data
  • Company business strategies
  • Relevant news releases, fact sheets, corporate profiles and annual reports
  • Interviews with and review of speeches by current and former company leaders and managers

From external sources

  • State of Ohio - Current and former Governors, Departments of Development, Job and Family Services (Labor Market Information), Taxation and Transportation

Economic Impact
  • U.S. Department of Commerce, Bureau of Economic Analysis and U.S. Department of Labor, Bureau of Labor Statistics
  • Publications on the U.S. auto industry
  • Other academic studies, including:
    • The Economic Impact of Development: Honda in Ohio, Mary K. Marvel and William J. Shkurti, The Ohio State University, 1993
    • A Report on the Significance of Toyota Motor Manufacturing, Kentucky, Inc. to the Kentucky Economy, Charles F. Haywood, University of Kentucky, 1998
    • The Economic Impact of BMW on South Carolina, Moore School of Business, University of South Carolina, 2002
Economic Impact

The results of this study have been compiled into five "chapters" which you can access via the links on the left. Each chapter is provided in PDF format and requires the free Adobe Acrobat Reader for viewing.

previous next
Diversity     Privacy Info     Terms of Use     Site Map/Help

Click here for Printer-Friendly version.