Stellantis to announce second North American battery plant in Kokomo, Indiana

SourceThe Detroit News
Date Published05/23/2022
Author NameMax Ortiz
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Stellantis
Parent companyStellantis
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):2500
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2024
Domestically, the work will be done:In-house
Capital investment ($):4100
Country(ies) from which reshored:Netherlands,Netherlands Antilles
City reshored to:Kokomo
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components
Product(s) reshoredlithium ion EV battery
What domestic positive factors made reshoring more attractive?Customization/Flexibility, Skilled workforce availability/training, Under-utilized capacity
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