Stellantis to invest $100 million in Kokomo, Indiana, adding 100 jobs
KOKOMO, Ind. (WISH) – Stellantis plans to invest more than $100 million into its Kokomo, Indiana facilities, adding more than 100 jobs.
The company first made the announcement in January but offered more details Tuesday, while laying out plans for a total $13 billion investment in U.S. manufacturing over the next four years.
“This investment in the U.S. – the single largest in the Company’s history – will drive our growth, strengthen our manufacturing footprint and bring more American jobs to the states we call home,” Stellantis CEO and North America COO Antonio Filosa said in a statement in a news release. “Accelerating growth in the U.S. has been a top priority since my first day.”
Beginning in 2025, the Kokomo facilities will produce all-new GMET4 EVO engines, designed for use in hybrid and internal combustion engine vehicles.
The company’s $13 billion investment to increase domestic manufacturing will cover research and development as well as supplier costs.
In April, the company announced 900 temporary layoffs in response to President Donald Trump’s auto tariffs, impacting the Indiana Transmission Plant, Kokomo Transmission Plant, Kokomo Casting Plant, and two plants in Michigan. Though Trump insisted the tariffs would lead to automakers building or reopening auto plants in the United States.
Stellantis said Tuesday’s announcement marks the single largest investment in the company’s 100-year history and will expand U.S. production by 50%.
As part of the expansion, Stellantis will invest more than $600 in Illinois to reopen the Belvidere Assembly Plant, invest nearly $400 million to move production to Ohio, and use $230 million retool production and add jobs at two Michigan plants.