Stellantis Investing $155M in Three Indiana Plants

URLhttps://www.manufacturing.net/automotive/news/2273
SourceManufacturing.Net
Date Published02/28/2023
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):265
Year reshoring announced:2023
Year reshoring implemented or to be implemented:2024
Capital investment ($):155
Country(ies) from which reshored:Netherlands Antilles
City reshored to:Kokomo
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Electrical Equipment, Appliances & Components, Transportation Equipment
Product(s) reshoredelectric drive modules (EDM)
What domestic positive factors made reshoring more attractive?Eco-system synergies, Higher productivity, Infrastructure
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