BRIEF-UAW Says Stellantis To Build $3.2 Billion Battery Plant In Belvidere, Illinois, Creating 1,300 Jobs

* STELLANTIS TO BUILD $3.2B BILLION BATTERY PLANT IN BELVIDERE, ILLINOIS, CREATING 1,300 JOBS- UAW

* UAW - NEW STELLANTIS CONTRACT OFFERS 168% RAISE TO LOWEST PAID UNION MEMBERS * UAW-STELLANTIS TO INVEST $1.2 BLN IN BELVIDERE ASSEMBLY PLANT TO BUILD NEW MIDSIZE TRUCKS STARTING IN 2027, WITH 80,000-100,000 ANNUAL VEHICLE PRODUCTION PROJECTED

* UAW-NEW STELLANTIS CONTRACT TOP WAGE RATE RISES 33% * UAW-STELLANTIS WILL LAUNCH JV BATTERY PLANT IN BELVIDERE IN 2028 WITH YET TO BE IDENTIFIED PARTNER

* UAW-STELLANTIS TO OFFER $50,000 UAW BUYOUTS IN BOTH 2024 AND 2026 UNDER TENTATIVE AGREEMENT * UAW-STELLANTIS TO BUILD WAGONEER/GRAND WAGONEER SUV BEV AT WARREN, MI, PLANT IN 2027

* UAW-STELLANTIS TO BUILD NEXT-GEN DURANGO BEV SUV AT DETROIT ASSEMBLY COMPLEX IN 2026 * UAW-STELLANTIS TO BUILD NEXT GEN JEEP GRAND CHEROKEE BEV SUV AT DETROIT ASSEMBLY COMPLEX IN 2027

* UAW-STELLANTIS TO BUILD NEXT-GEN JEEP WRANGLER BEV AT TOLEDO PLANT IN 2028 Further company coverage: