Stellantis announces $13B investment in U.S.

Spread the love

Stallantis NV has announced a massive manufacturing investment in the U.S., specifically in four Midwestern states.

The automaker, which manufactures more than a dozen brands including ones like Jeep, Dodge, Chrysler, and FIAT, plans to invest $13 billion over the next four years.

This will be the largest investment in the company’s 100-year U.S. history.

“This investment in the U.S. – the single largest in the company’s history – will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home,” said Antonio Filosa, Stellantis CEO and North America COO. “As we begin our next 100 years, we are putting the customer at the center of our strategy, expanding our vehicle offerings and giving them the freedom to choose the products they want and love.”

The investment will allow the automaker to introduce five new vehicle models and will support more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana. This will expand Stallantis’ presence in the U.S. and will increase annual finished vehicle production by 50%.

“Accelerating growth in the U.S. has been a top priority since my first day,” Filosa said. “Success in America is not just good for Stellantis in the U.S. — it makes us stronger everywhere.”

Currently, the automaker’s U.S. headquarters is in Michigan. The $13 billion investment builds on investments previously announced in January and will include:

• $600 million to reopen the Belvidere Assembly Plant in Illinois, which closed in 2023. It is expected to launch in 2027 and support 3,300 jobs.

• $400 million invested in the Toledo Assembly Complex in Ohio. It is expected to launch in 2028 and support 900 jobs.

• $100 million invested to retool the Warren Truck Assembly Plant in Michigan to produce a new EV SUV model. It is expected to launch in 2028 and support 900 jobs.

• $130 million invested in the Detroit Assembly Complex – Jefferson in Michigan. It is expected to launch in 2029.

• $100 million invested in several of its Kokomo facilities. It is expected to launch in 2026 and support 100 jobs.

Ohio Gov. Mike DeWine applauded the announcement.

“This expansion will continue to reinforce Toledo’s legacy in the automotive sector, positioning Ohio at the forefront of the global automotive industry,” DeWine said.

Currently, Stellantis has 34 manufacturing facilities, parts distribution centers and research and development locations across 14 states in the U.S.

Tariffs played a direct role in the company’s decision to shift its manufacturing to the U.S., according to Prime Minister Mark Carney of Canada. Carney reacted to Stallantis’ announcement by calling it “a direct consequence of current US tariffs.”

Currently, automobiles imported from Canada to the U.S. face a 25% tariff. While previously it planned to manufacture its Jeep Compass SUVs in Brampton, Ontario, Stallantis will now move its production to Illinois.

Canada is threatening legal action against Stallantis NV for its decision, pushing it to maintain its presence in the country. Minister of Industry Melanie Joly sent a letter to Stellantis, detailing Canada’s frustrations.

“Stellantis agreed with the Government of Canada and the Province of Ontario to maintain its full Canadian footprint, including Brampton, in exchange for substantial financial support,” Joly said, according to news reports. “Anything short of fulfilling that commitment will be considered a default under our agreement.”

This follows closely on the heels of a similar announcement by Ford of a $5 billion investment, as previously reported by The Center Square.

Leave a Comment





Latest News Stories

lake land college.4

Lake Land College Formalizes Academic Restructuring with Faculty Association MOU

Article Summary: Lake Land College and its faculty union have formalized a departmental restructuring through a Memorandum of Understanding approved by the Board of Trustees. The agreement clarifies the role...
Trump tariffs drugs, furniture, heavy trucks to 'protect' U.S. markets

Trump tariffs drugs, furniture, heavy trucks to ‘protect’ U.S. markets

By Brett RowlandThe Center Square President Donald Trump announced a fresh wave of tariffs Thursday on imported pharmaceutical drugs, some building supplies and heavy trucks that he said is to...

WATCH: Trump supports expanding Antifa terror designation internationally

By Sarah Roderick-FitchThe Center Square On the heels of President Donald Trump designating Antifa a domestic terror organization, he said he supports expanding the designation internationally. The Center Square asked...
Experts warn action needed to preserve Colorado River

Experts warn action needed to preserve Colorado River

By Liam HibbertThe Center Square The Colorado River has been in decline since the turn of the 21st century – and emergency action may be required sooner than projected, experts...

WATCH: 2022 GOP nominee makes second run for governor

By Jim Talamonti | The Center SquareThe Center Square (The Center Square) – Former state Sen. Darren Bailey, R-Xenia, is making a second run for Illinois governor. Bailey launched his...
Oklahoma to start Turning Point chapters at all high schools

Oklahoma to start Turning Point chapters at all high schools

By Esther WickhamThe Center Square Former Oklahoma schools Superintendent Ryan Walters announced this past week a partnership with Turning Point USA to initiate chapters at every high school in the...
Prosecutors indict ex-FBI boss on obstruction over collusion testimony

Prosecutors indict ex-FBI boss on obstruction over collusion testimony

By Dan McCaleb and Brett RowlandThe Center Square Prosecutors indicted former FBI Director James Comey on Thursday, alleging that he lied to Congress when he denied claims that he leaked...
California education system support efforts to restrict ICE

California education system support efforts to restrict ICE

By Esther WickhamThe Center Square The California education system continues to fight U.S. Immigration and Customs Enforcement amid new laws claiming protection for students and California residents. With the Trump...
001JH-8thGradeFlagFieldEntrance

Braves Junior High Dominate Paris in JFL Home Finale

CW 34, Paris 6 Junior High After severe weather postponed their Saturday matchup, the Casey-Westfield Junior High Braves took the field on Sunday afternoon to complete the JFL's weekend sweep...
001-56G-Rookie-AbelWilsonTDRun

Braves 5th/6th Grade Shutout Paris in JFL home finale

By Terri Cox Mother Nature tried to derail the final home JFL Saturday for the Casey-Westfield Braves, as rain and lightning ultimately ended the 5th/6th grade game after three quarters...
WATCH: Pritzker creates governors group as IL legislators debate increased energy bills

WATCH: Pritzker creates governors group as IL legislators debate increased energy bills

By Greg Bishop | The Center SquareThe Center Square (The Center Square) – Illinois Gov. J.B. Pritzker on Thursday announced the creation of a new group of governors impacted by...
Attorneys general file amicus brief supporting DEI policies

Attorneys general file amicus brief supporting DEI policies

By Dave Mason | The Center SquareThe Center Square (The Center Square) – Illinois, California and Massachusetts are co-leading a coalition of Democratic attorneys general from 17 states filing an...
Illinois lawmaker, physician pushes back on Trump Tylenol announcement

Illinois lawmaker, physician pushes back on Trump Tylenol announcement

By Catrina Barker | The Center Square contributorThe Center Square (The Center Square) – Illinois health officials push back on new federal guidance, saying Tylenol use in pregnancy does not...

Illinois quick hits: Nearly 10,000 fewer jobs; temporary amnesty for delinquent taxpayers

By Jim Talamonti | The Center SquareThe Center Square Nearly 10,000 fewer jobs According to data released Thursday by the U.S. Bureau of Labor Statistics and the Illinois Department of...
Election organization backs Republicans' suit against Arizona

Election organization backs Republicans’ suit against Arizona

By Zachery SchmidtThe Center Square Honest Elections Project, a nonpartisan organization, has filed an amicus brief in support of Republicans' lawsuit against Arizona over its handling of changes to its...