Pritzker calls on Stellantis to honor Belvidere commitments

https://ift.tt/gebEVmy

CHICAGO, Ill. (WTVO) — Illinois Gov. Pritzker on Friday issued a statement calling on automaker Stellantis to honor its commitments to restarting the Belvidere Assembly Plant.

"For over two years, the State of Illinois has offered its complete and full support so that the Stellantis plant in Belvidere can reopen as soon as possible and put our people back to work after Stellantis management chose to shut it down. Working families’ lives have been turned upside down and they deserve peace of mind.

Stellantis has confirmed it has delayed the reopening of the Belvidere Assembly Plant, saying market conditions were the reason for the delay, adding that “to ensure the company’s future competitiveness and sustainability, which are necessary to preserve U.S. manufacturing jobs, it is critical that the business case for all investments is aligned with market conditions and our ability to accommodate a wide range of consumer demands. Therefore, the company confirms it has notified the UAW that plans for Belvidere will be delayed, but firmly stands by its commitment.” 

The Belvidere Assembly Plant was idled in February 2023.

In October 2023, Stellantis agreed to build a $3.2 billion battery plant in Belvidere and invest $1.5 billion to retool the factory for an all-new mid-sized truck.

Earlier this year, the Biden administration announced a $334.8 million investment to convert Stellantis’ Belvidere Assembly Plant to build electric vehicles and components.

Stellantis said it stands by its contractual commitments and “strongly objects” to union allegations that it’s violating terms of the contract.

Feeds,Rockford,Region: Rockford,Media Feeds All,City: Rockford

via MyStateline | WTVO News, Weather and Sports https://ift.tt/WdRrNmk

October 11, 2024 at 10:35AM

Leave a comment