AM General sold to investment firm

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(Photo supplied/AM General)

An investment firm is buying AM General, the maker of the military Humvee with operations in Mishawaka.

WSBT reports that the firm is KPS Capital Partners, and at this point it’s unclear what the company plans to do with AM General or what impact there may be on local employees.

No details of the sale have been released.

A news release from the buyer mentioned a desire to build on AM General’s current work as the world’s largest builder of military light vehicles.

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