Stellantis plans to invest $4.8 billion in Belvidere

Stellantis plans to invest $4.8 billion in Belvidere

The tentative deal between the United Auto Workers and Stellantis could make much more sense for the Belvidere assembly plant than previously envisioned.

The company, which produces Chrysler, Dodge, Ram and Jeep, plans to invest $4.8 billion in Belvedere to not only reopen the existing facility there as a $100 million parts distribution center, but is also considering building a new assembly plant and battery factory.

The Belvedere assembly plant, which will be revived under a preliminary agreement reached with Stellantis, is seen in Belvedere on Wednesday, November 1, 2023.

“The plan they’re trying to push is to build a new assembly plant, a new battery plant, and then renovate the existing plant and make it a PDC (parts distribution center),” said Matt Franzen, president of UAW Local 1268. “So I don’t know if they’re going to reduce the footprint, you know, of the old assembly plant.”

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