Stellantis announced plans Tuesday to invest in production facilities across four Midwest states – including the idled Belvidere plant in Illinois – to roll out new lines and increase U.S. production by 50% over the next four years.
The largest single investment in the company’s 100-year history will gear up plants in Illinois, Michigan, Indiana and Ohio to build everything from new vehicle launches to engines, adding 5,000 jobs, Stellantis said in a news release. In total, the company will spend $13 billion on research and development, supplier costs and its manufacturing operations.
The automaker is investing more than $600 million to reopen the Belvidere plant and expand production of the Jeep Cherokee and Compass, with an initial launch expected in 2027. Restarting the plant is proj