Home » Stellantis announces $13 billion investment in Michigan, 3 other states

Stellantis announces $13 billion investment in Michigan, 3 other states

Stellantis announces $13 billion investment in Michigan, 3 other states

Stellantis announced on Tuesday a $13 billion investment in four states, including new vehicles to be built in Michigan.
The new investment over the next four years is said to bring 5,000 jobs and production of five new vehicles in Illinois, Ohio, Michigan and Indiana. Officials say the investment is the largest in the company’s 100-year history in the United States.
More than half of those jobs are geared toward the Belvidere Assembly Plant, which is expected to reopen in 2027 after it was idled at the end of February 2023.
In Michigan, the automaker plans to “develop an all-new range-extended EV and internal combustion engine large SUV” that will be produced at the Warren Truck Assembly Plant beginning in 2028, according to a news release. The production is expected to bring 900 jobs to the plant. Additionally, the company will invest nearly $100 million to retool the plant.
The Warren facility currently produces the Jeep Wagoneer and Grand Wagoneer.

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