# FCA to invest $400M to convert idled Indiana plant to build engines

FCA will invest $400 million to repurpose an idled transmission plant in Kokomo, Indiana, to build the GMET4 2.0-liter engine. The project will retain 1,000 jobs and add nearly 200 new jobs, with production starting in Q2 2021.

- Type: Investment
- Announced: 2020-03-05
- Where: Kokomo, Indiana, United States
- Value: $400.0M
- Jobs: 200
- Starts operating: Q2 2021
- Status: announced
- Products: GMET4 2.0-liter engine
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [FCA](https://endata.com/companies/6326.md)

## Sources

- [media.fcanorthamerica.com](https://media.fcanorthamerica.com/newsrelease.do?id=21637&mid=18), 2020-03-05: "FCA announced today that it will invest $400 million to repurpose an idled transmission plant in Kokomo, Ind., to build the GMET4 engine"

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