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Roshel to buy Stellantis assembly plant in Brampton for undisclosed amount, companies say
Roshel will acquire the idled plant and equipment for an undisclosed amount as Stellantis shifts production plans and workers remain in dispute over job security.
On Monday, Stellantis and Roshel Inc. announced an agreement for Roshel to acquire the idled Stellantis Brampton assembly plant and equipment for an undisclosed amount.
Stellantis moved production of the Jeep Compass to Illinois, leaving the Brampton facility idle since late 2023 and triggering the workforce reduction.
The asset purchase agreement transfers the facility and its equipment to the Canadian armoured vehicle manufacturer, with financial terms kept confidential between the parties.
Stellantis workers voted last month in favour of a strike mandate amid bargaining impasses, following the 2023 layoff of more than 2,000 workers from the plant.
The plant once employed about 3,000 unionized workers and now symbolizes the impact of President Donald Trump's tariffs on Canada's auto sector.