Stellantis revealed a massive investment plan on Tuesday, detailing its intent to boost production facilities across four Midwest states, including the previously shuttered Belvidere plant in Illinois, as part of a broader effort to increase U.S. manufacturing output by 50% over the next four years.
Marking the largest single investment in the automaker’s century-long history, Stellantis will inject funds into plants in Illinois, Michigan, Indiana, and Ohio to support new vehicle launches, engine production, and overall manufacturing expansion.
According to the company’s announcement, the initiative will add about 5,000 jobs and involve a total of $13 billion in spending for research and development, supplier partnerships, and production operations…