Stellantis NVStellantis signed a memorandum to sell its idle Brampton plant to Roshel, a disposal of an underused asset.

Stellantis NV has signed a memorandum with Roshel Inc., a Canadian armored vehicle manufacturer, outlining steps toward the sale of an idle car factory near Toronto. Roshel, headquartered near the Stellantis plant in Brampton, Ontario, is pursuing a Canadian military contract worth as much as C$4.9 billion ($3.5 billion) to build light utility vehicles, and has told Prime Minister Mark Carney's government it could reactivate the facility quickly if it secures the contract. Roshel chief executive officer Roman Shimonov said his company is the only serious potential buyer for the facility and described the memorandum as the first step in a complicated process. Stellantis spokesperson LouAnn Gosselin confirmed the document was signed and said the automaker believes Roshel represents a strong path to restoring operations at Brampton Assembly and preserving the site's role in Canada's manufacturing sector. The plant employed about 3,000 unionized workers when it was making vehicles, but production stopped in late 2023 and a plan to build the Jeep Compass SUV there was canceled last year after US President Donald Trump announced plans to impose tariffs on foreign-made vehicles; Stellantis is currently in negotiations with Unifor, which represents the plant's workers.
Stellantis NVStellantis signed a memorandum to sell its idle Brampton plant to Roshel, a disposal of an underused asset.
Roshel is pursuing a Canadian military contract worth up to C$4.9B and could reactivate the Brampton facility if it wins.