Company/Division name | Fiat Chrysler Automobile |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2024 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 334.7 |
Country(ies) from which reshored: | Italy |
City reshored to: | Belvidere |
State(s) reshored to: | IL |
If relevant, work nearshored to: | - |
Industry(ies): | Transportation Equipment |
Product(s) reshored | EVs |
What domestic positive factors made reshoring more attractive? | Government Incentives, Govt. Policy and subsidies |
Government Incentive dollar amount: | $334,763,050 |