# 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.

- Type: Acquisition
- Announced: 2017-06-22
- Where: Indiana, United States
- Value: $30.0M
- Jobs: 430
- Status: announced
- Products: electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [SF Motors](https://endata.com/companies/25082.md) (acquirer)
- [Sokon Industry Group](https://endata.com/companies/25083.md) (investor)
- [AM General](https://endata.com/companies/25084.md) (target)

## Sources

- [amgeneral.com](https://www.amgeneral.com/sf-motors-to-acquire-commercial-automotive-assembly-plant-preserving-430-american-auto-worker-jobs/), 2017-06-22: "SF Motors expects to retain, after a period of retooling, all of the current CAP employees, preserving approximately 430 American auto worker jobs."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.