Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit



Laepple Automotive plans to invest $78.8 million into the former Stellantis NV Mount Elliott Tool and Die site on the city’s east side, where it intends to create 173 jobs, two sources confirmed to Crain’s.The company would produce stamped automotive parts at the plant, including hoods, fenders, trunk lids and doors. It is not clear which of the Detroit 3 automakers the plant would supply.

Crain’s inquired with the company Thursday.The project is expected to go before the Michigan Strategic Fund board on Tuesday for consideration of a $3.5 million performance-based grant and five-year SESA tax exemption.

Stellantis, formerly named Fiat Chrysler Automobiles, or FCA, sold the Mount Elliott Tool and Die building for $13.5 million in April to METD Detroit Inc., according to property records. That entity is tied to E & E McLaughlin Ltd., an Ontario-based warehouse and leasing firm.
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