Automotive - Business Facilities Magazine - Area Economic Development, Site Selection & Workforce Solutions

Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.


https://businessfacilities.com/2021/10/stellantis-to-invest-229m-to-retool-ev-production-operations/
Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.

Stellantis To Invest $229M To Retool EV Production Operations

Formerly Fiat Chrysler Automobiles, Stellantis will retain, retrain 662 team members to support production of electrified transmissions in Kokomo, IN.

California: Supplier Diversity Spurs Equity-Driven Development

The Golden State has launched a program that promotes inclusive procurement as the prerequisite for a resilient supply chain.

Ford Makes Massive Electric Vehicle Investment In Tennessee, Kentucky

Ford and SK Innovation will invest $11.4B and create 11,000 jobs in TN and KY to produce electric vehicles and advanced lithium-ion batteries. Plus, $90M will go to Texas for training.

Carvana To Build Inspection, Reconditioning Center In Oklahoma

Carvana will invest $40 million in the new Oklahoma City Inspection and Reconditioning Center (IRC); upwards of 350 jobs will be created.

Hanon Systems, Huntsman Grow In Hungary

Hanon Systems employs more than 300 workers in Pecs; Hunstman is adding 12 to its workforce of 131 in Pétfürdő.

International Manufacturers Drive Growth In Indiana

International manufacturing expansions create more than 160 jobs, $57M in Indiana; plus manufacturers get $2.8 million in tech grants.

Canada’s Li-Cycle Plans EV Battery Recycling Facility In Alabama

Tuscaloosa facility will allow Li-Cycle Holdings Corp. to meet growing demand for lithium-ion battery recycling.

Viridi Parente Expanding Buffalo, NY Green Tech Campus

In adaptive reuse project, the battery technology developer will add 70,000 square feet to its research lab, assembly, office, and production space.

Wallbox Chooses Texas For First U.S. Manufacturing Facility

The electric vehicle charging solutions provider's new facility is anticipated to create approximately 250 direct jobs in Arlington by 2030.

SK Siltron Investing $302M In Michigan Semiconductor Wafer Plant

In support of electric vehicle growth, the semiconductor wafer manufacturing and R&D facility will bring 150 jobs to Monitor Township, MI.

Sungwoo Hitech Picks Tennessee For First U.S. Manufacturing Operation

The Korean automotive supplier will invest $40 million, create more than 100 new jobs at the former Alo Tennessee building in Telford, TN.

Five Manufacturers Picked To Validate Innovative Technologies

The U.S. Department of Energy's manufacturing partners will conduct Industrial Technology Validation (ITV) projects to speed adoption of clean energy technologies.

Alabama: Revving Up On The Road To Recovery

Maintaining its focus on the future, Alabama is regaining economic momentum for substantial growth.

Westwater Resources Plans First U.S. Graphite Processing Plant

Alabama Graphite Products LLC will invest an initial $80 million to build a first-of-its-kind advanced graphite processing plant in Coosa County, AL.

Pace Industries Relocates HQ To Michigan

Die casting manufacturer Pace Industries will invest nearly $2 million to move its headquarters from Arkansas to Novi, MI, creating more than 60 high-wage jobs.

Two Expansion Projects Bring South Carolina $178M+ In Investment, 1,120 Jobs

Oshkosh Defense will invest $155 million and create more than 1,000 jobs; KRA Operations will invest $23.5 million and create 120 jobs.

Manufacturing: The Jobs Multiplier

A lack of ready or willing manufacturing job candidates could cost the U.S. economy up to $1 trillion unless the industry takes proactive steps.

EV Manufacturer Picks Tulsa For First Mega Microfactory

Electric vehicle (EV) maker Canoo will build its first mega microfactory on a 400-acre site at the MidAmerica Industrial Park, where it will create over 2,000 jobs.

Bridgestone Creating 250 Jobs With Kentucky Expansion

The $51 million investment in the Firestone Industrial Products’ (FSIP) plant will increase capacity to support the growing demand for advanced air suspension technology in electric vehicles.

Auto Supply, Food, Real Estate Tech Firms Bring 485 Jobs To Ohio

Major expansions by Shape Corp., Sugar Creek, and SentriLock will bring more than $55 million in investment to the Cincinnati region.

GM Investing $40M At Pontiac, MI Stamping Plant

General Motors will renovate its existing Pontiac, MI facility and install new flexible fabrication technology to support future electric vehicle production.

Lion Electric Bringing First-Ever U.S. Manufacturing Facility To Illinois

The $70 million investment by Lion Electric will pave the way for the largest all-electric commercial vehicle production plant in the U.S., create 745 jobs.

Business Facilities & COVID-19

Moderna Will Invest $500M To Build mRNA Capabilities In Africa

Moderna will build a state-of-the-art mRNA facility in Africa with the goal of producing up to 500 million doses of vaccines each year at the 50 µg dose level.

Snapshots: 60 Seconds with Jeff Finkle, IEDC

Finkle, CEcD, President and CEO, IEDC, discusses the impact of COVID-19 and remote work on real estate and economic development, and more.

Stay Connected

636FansLike
40,000FollowersFollow
3,221FollowersFollow
50SubscribersSubscribe

Business Facilities Featured Location Spotlight

Location Spotlight: Virginia I81-I77 Crossroads

The VIAA region is composed of five counties and one city in the Southwestern region of Virginia, with one of the leading trucking routes traversing the region.

Business Facilities Featured Location Videos

Camp Hall – A Next Generation Commerce Park in South Carolina

Camp Hall is a first-of-its-kind, master-planned industrial work space located in Charleston, S.C. As a convergence of people, place and programming, Camp Hall delivers thoughtful infrastructure and logistical features that empower people — and business — to thrive.