President Joe Biden on Thursday will meet with United Auto Workers President Shawn Fain and tout the decision of Chrysler-parent Stellantis to reopen a shuttered assembly plant in Belvidere, Illinois, a White House official said.
U.S. President Joe Biden delivers remarks on infrastructure during an event at the Amtrak maintenance facility in Bear, Delaware, U.S., November 6, 2023. REUTERS/Leah Millis/File PhotoStellantis agreed to build a new $3.2 billion battery plant and invest $1.5 billion in a new mid-size truck factory in Illinois under its tentative labor agreement and add 5,000 total U.S. jobs by 2028, the UAW said last week.
Fain, unlike most labor leaders, has yet to endorse Biden for reelection but has praised White House involvement in the labor talks and Biden's visit to a UAW picket line in Michigan, the first of its kind by a U.S. president.Stellantis, which shuttered the Belvidere assembly plant in February, will begin producing 80,000 to 100,000 mid-size trucks annually in 2027 and the $3.2 billion battery plant with a yet to be named joint venture partner will open in 2028. Illinois Governor J.B.
Stellantis will invest $3.5 billion in three Michigan assembly plants, including $1.5 billion in a Detroit plant to updated versions of the Dodge Durango and Jeep Grand Cherokee, including electric versions of those in 2026 and 2027. The UAW said Stellantis wanted to cut 5,000 jobs going into the talks.
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