Global automaker Stellantis announced plans to invest $13 billion over the next four years to grow its business in the United States market and to increase its domestic manufacturing footprint.
The investment will support the introduction of five new vehicles across the brand portfolio and the addition of more than 5,000 jobs at plants in Illinois, Ohio, Michigan and Indiana. Stellantis plans to invest more than $600 million to reopen its shuttered Belvidere Assembly Plant in Illinois to expand production.
The Belvidere facility is expected to add roughly 3,300 jobs and begin producing the first vehicles in 2027. Stellantis closed the Illinois factory in February 2023 as part of a cost-cutting move. In Ohio, the automaker plans to invest $400 million in its Toledo Assembly Complex, and in Michigan, Stellantis is investing $100 million to retool its Warren Truck Assembly Plant.
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