As of now, there is no publicly disclosed information regarding the specific amount Gus Alexander, CEO of FNA Group, plans to invest in CRX engines. However, recent developments indicate a significant strategic shift towards enhancing CRX engine production.
In March 2023, FNA Group announced plans to relocate the manufacturing of critical components, including internal combustion engines, to North America. This move aims to strengthen supply chains, reduce lead times, and improve cost control. While exact financial figures were not disclosed, the company emphasized that this nearshoring initiative would support hundreds of families and bolster its research and development capabilities .PR Newswire+4MPWSR+4MPWSR+4OPE++3Power Progress+3MPWSR+3
Although specific investment amounts remain undisclosed, these actions suggest a substantial commitment to expanding CRX engine production and enhancing FNA Group's manufacturing footprint in North America.