Tuesday, January 27, 2026

Stellantis to Restore 1,500 Jobs at Shuttered Illinois Plant

Italian-American automaker Stellantis unveiled sweeping domestic investment plans Wednesday, pivoting toward US manufacturing operations just days after Chairman John Elkann met with President Donald Trump.

The company will resurrect operations at its dormant Illinois facility to build a new midsize pickup truck. The Belvidere plant revival will bring back 1,500 union workers, reviving a facility that became a focal point during the United Auto Workers’ six-week strike in late 2023.

Stellantis had agreed in 2023 to invest $3.2 billion in a new battery plant and $1.5 billion in Belvidere by 2027, but delayed these plans in August. The UAW filed unfair labor practice charges the following month over the delays.

“This victory is a testament to the power of workers standing together and holding a billion-dollar corporation accountable,” UAW President Shawn Fain said in a statement.

North America COO Antonio Filosa announced the company will keep next-generation Dodge Durango production in Detroit, addressing union concerns about potential plans to move the SUV’s production to Canada. 

The company will also upgrade tooling operations at its Toledo plant to make more critical components in-house for the Jeep Wrangler and Gladiator, while expanding its Kokomo, Indiana facility to produce a new four-cylinder engine.

A Stellantis spokesperson said the new Belvidere pickup truck will offer traditional gasoline, plug-in hybrid, and fully electric versions. 

The announcements come as Trump considers imposing 25% duties on imports from Mexico and Canada starting February 1. The investments also mark the first major strategy shift since CEO Carlos Tavares stepped down in December.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Moon River Moly: The Davidson Moly-Copper-Tungsten PEA

Integra: The DeLamar Heap Leach Feasibility Study

Highlander Silver: The Saviour Of Bear Creek Mining

Recommended

Steadright Enters LOI For 60% Interest In SilverLine Mining

Japan Gold Intersects Gold Mineralization Drilling At Mizobe, Encounters Banded Chalcedony Vein

Related News

Canada Stands Firm on Dairy System Despite US Pressure

Trade Minister Mary Ng rejected any changes to Canada’s dairy supply management system Wednesday, despite...

Friday, February 7, 2025, 11:20:00 AM

Ontario Targets Auto, Steel Sectors with $1B Emergency Loan Program

Ontario announced Wednesday that emergency funding will soon flow to businesses hammered by US trade...

Thursday, August 14, 2025, 12:59:00 PM

US Faces Tariff-Induced Shipping Shock, May Take Up To 9 Months To Recover

Trade flows between China and the US are collapsing at an alarming pace, as container...

Monday, April 28, 2025, 02:13:00 PM

Griffin: US Should Focus on Strengths, Not Manufacturing Revival

Citadel CEO Ken Griffin rejected President Trump’s tariff strategy as ineffective in bringing back manufacturing...

Sunday, May 4, 2025, 07:44:00 AM

Federal Appeals Court Rules Trump’s Global Tariffs Illegal

A federal appeals court ruled Friday that most of President Donald Trump’s sweeping global tariffs...

Monday, September 1, 2025, 01:27:00 PM