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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

“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

The Red Cloud Fall Mining Showcase 2026 | Day 1

Can an Old Irish Mine Recover the Silver It Left Behind? | Julian Vickers – Northmin Corporation

Is Gold at $4,000 a Buy Zone or a Breakdown? | David Morgan

Recommended

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Meghan Markle’s Half-Brother Submitted Evidence Against Their Father, But Now Faces Philippine Police Scrutiny

Related News

Carney Warns of ‘Reprisals’ if Trump Tariff Negotiations Fail

Canadian Prime Minister Mark Carney said his government is holding back on immediate retaliation to...

Thursday, June 5, 2025, 10:45:00 AM

Doug Ford Wants To Cut Power Exports To US, Believing US Wouldn’t Do The Same

Ontario Premier Doug Ford has vowed to sever electricity exports to the US, originally proposed...

Tuesday, March 4, 2025, 08:40:00 AM

China Boosts Canadian Oil Imports as Trade War With US Intensifies

Chinese refiners have slashed US oil purchases by 90% while importing record volumes of Canadian...

Friday, April 18, 2025, 12:40:00 PM

Pentagon Targets Domestic Gallium Recovery After China Export Curbs

The Pentagon plans to award contracts to North American companies by year-end to recover gallium,...

Friday, March 7, 2025, 10:39:00 AM

Moe Declares Pipeline Permits ‘Pre-Approved’ as Trump Renews Keystone Push

Saskatchewan Premier Scott Moe announced Wednesday that all pipeline permits for routes heading east, west,...

Thursday, February 27, 2025, 08:40:00 AM