KOKOMO, Ind. — You already knew 200 new jobs were coming to Fiat-Chrysler in Kokomo, but the automaker is saying more about the impact of those changes. FCA is investing 400-million dollars in it’s Kokomo engine facility.
The plan is to move it’s engine building operation from Turmoli, Italy to Kokomo. There they will have Hoosiers build the GMET 4 engine which powers the Jeep Wrangler and Jeep Cherokee. FCA is getting conditional tax credits from the state for the investment. The company has invested more than 2-billion dollars in Indiana over the last decade.
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Rendering of the front of FCA’s future engine plant in Kokomo, Indiana. FCA announced on March 5, 2020, that it will invest $400 million to repurpose an idled transmission plant in Kokomo, Indiana, to build the GMET4 engine – the Company’s 2.0-liter Global Medium Engine inline four-cylinder turbo that currently powers the Jeep® Wrangler and Jeep Cherokee. With this investment, 1,000 Indiana jobs will be retained with nearly 200 new jobs added to support production. Production at the new Kokomo Engine Plant is expected to begin in Q2 2021.