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FORSYTH, Ga. - Stellantis (NYSE:STLA), the $27.8 billion automotive giant currently trading below its InvestingPro Fair Value, announced Wednesday a more than $41 million investment to build a new Mopar Parts Distribution Center (PDC) in Forsyth, Georgia, approximately 60 miles south of Atlanta.
The nearly 422,000-square-foot facility will support approximately 90 UAW-represented jobs and serve dealers and customers of Chrysler, Dodge, Jeep, Ram, Alfa Romeo and FIAT brands throughout the Southeastern United States. This expansion comes as Stellantis maintains a significant 5.96% dividend yield for shareholders, according to InvestingPro data, which offers 10+ additional insights about the company’s financial health.
The new center will feature a 16,000-square-foot AutoStore automated storage and retrieval system utilizing 66 robots designed to retrieve parts from a high-density grid of bins. This automation aims to enhance order processing speed and inventory control while reducing storage footprint requirements.
"This facility represents a critical investment in Mopar’s long-term growth strategy and our ability to support the dedicated workforce that drives our success," said Darren Bradshaw, senior vice president of Mopar North America, in a press release statement.
The Georgia facility is part of Stellantis’ broader transformation of its parts distribution network. In July, the company announced a $388 million investment for a Metro Detroit Megahub, and earlier this year opened a $64 million PDC in East Fishkill, New York. These projects, totaling nearly $500 million, strengthen Stellantis’ Mopar network across North America. With annual revenues of $172.1 billion, these investments represent strategic allocation of capital despite recent cash flow challenges identified by InvestingPro’s comprehensive analysis, available in the Pro Research Report.
The new distribution center will incorporate energy-saving technologies and sustainable building practices, reflecting the company’s environmental commitments.
Mopar, a combination of the words "MOtor" and "PARts," was established in 1937 as a line of antifreeze products and has evolved over 88 years to represent vehicle care and authentic performance for owners and enthusiasts worldwide.
In other recent news, Stellantis has been the subject of several developments that investors may find noteworthy. The company’s first-half 2025 adjusted operating income was reported at €0.5 billion, with additional charges amounting to €3.3 billion, which has led to concerns about the automaker’s recovery prospects. In light of these uncertainties, Citi has maintained its Neutral rating on Stellantis, while Bernstein has lowered its price target on the company’s stock to $9.30 due to ongoing concerns about vehicle volumes. Previously, Bernstein had adjusted the target to $11.70, citing global uncertainties and suspended fiscal guidance for 2025.
Additionally, Stellantis announced a leadership change with Scott Krugger being appointed as the head of North America design, a role in which he will guide the creative direction for brands such as Chrysler, Dodge, Jeep, and Ram. This move is part of a broader restructuring effort within the company’s design organization. Meanwhile, the United States and European Union have progressed in their trade agreement, which could potentially impact Stellantis through reduced tariffs on European automobiles. These recent developments highlight the dynamic environment in which Stellantis is currently operating.
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