Stellantis finalizes sale of Brampton assembly plant to Roshel
Stellantis has signed an agreement to sell its idle Brampton, Ontario, assembly facility to Canadian defence contractor Roshel for an undisclosed sum.
Stellantis announced that it has signed an asset purchase agreement with Roshel, a Brampton-based manufacturer of armoured vehicles, to transfer ownership of its idled assembly plant and related equipment. The financial terms of the deal were not disclosed.
The agreement follows a memorandum of understanding signed in September between the two companies that outlined a potential sale. Over the weekend, Unifor, the union representing Stellantis autoworkers, confirmed that the transaction had been completed.
Stellantis had previously indicated that the Brampton facility might be closed and sold after pausing a retooling project for Jeep production that began in early 2024. In October, the company announced that production of the Jeep Compass would be moved to the United States, a decision the union said violated the existing collective agreement. The plant has been idle since 2023, when more than 2,000 workers were laid off.
Unifor also reported that 97.3% of members who voted supported granting the union a strike mandate if required.