◂ Announcements

Jun 22, 2017ACQUISITIONIndiana, United States

SF Motors to acquire AM General commercial assembly plant, preserving 430 jobs

SF Motors, a subsidiary of Sokon Industry Group, will acquire AM General's commercial assembly plant in Indiana. SF Motors expects to retain all 430 current employees after retooling and will invest approximately $30 million in upgrades.

Value

$30.0M

Jobs

430

Status

Announced

Productselectric vehicles

CompaniesSF Motors acquirer Sokon Industry Group investor AM General target

Sectors#Automotive Components

“SF Motors expects to retain, after a period of retooling, all of the current CAP employees, preserving approximately 430 American auto worker jobs.”amgeneral.com

1 source
amgeneral.comSF Motors Preserving 430 American Auto Worker JobsChadJun 22, 2017

Summarized from public sources; check the original articles before acting on it.

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