Jonathan Weiss/Dreamstime
Stellantis Company Logo Sign © Jonathan Weiss Dreamstime

Stellantis Announces $99 Million in New North American Investments

Aug. 2, 2022
The money will go towards plants in Michigan, Indiana, and Ontario to build a new engine.

Three North American Stellantis plants will soon get a combined $99 million upgrade in order to produce a new engine, the company announced August 1.

Dundee Engine Complex in Michigan, Kokomo Casting Plant in Indiana, and the Etobicoke Casting Plant will each contribute production to build a new 1.6-liter, I-4 turbocharged engine Stellantis says it plans to use in two North American hybrid electric vehicles. The plans for the engine are based off a current Stellantis production engine in Europe.

Dundee Engine will receive the lion’s share of the money. The parent company of Jeep, Chrysler, and other vehicle brands announced it would spend about $83 million turning the Michigan plant into the final assembly location for the new engine. It will continue to produce engines for two Jeep Grand Cherokee models.

Meanwhile, Stellantis will spend $14 million to set up engine block casting operations at Kokomo Casting Plant. The remaining $2 million will be spent on new tooling and equipment upgrades at Etobicoke Casting, which will make the new engine’s oil pan.

Popular Sponsored Recommendations

Navigate Complex Cybersecurity Requirements With Purpose-Built Technology Solutions

Dec. 6, 2023
The CMMC represents a critical mandate from the U.S. DOD. Aerospace & Defense manufacturers that handle controlled unclassified information (CUI) must comply with CMMC requirements...

Five Ways Aerospace and Defense MRO Can Prepare for the New Normal!

Dec. 6, 2023
The right tools can help A&D suppliers track the essentials & ultimately, boost their margins. Advanced analytics can also help determine the profitability of contracts, drive...

A Quantitative Comparison of Digitized Industrial Automation Systems

Aug. 9, 2023
This paper presents data gathered from actual field research. The data suggests that a move away from traditional, heavily engineered, and proprietary systems to user experience...

Machine Learning and Predictive Analytics Guidebook for Engineers

Sept. 27, 2023
Leverage Domain Expertise to Drive Optimization – Without Needing a Data Scientist.

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!