FRANKFURT (Reuters) -- Ford Motor Co.'s Russian joint venture will invest $274 million to build a new powertrain plant in Tatarstan.
The factory will be located in the Russian republic's town of Elabuga where the Ford Sollers joint venture already produces vehicles.
The plant will manufacture three different versions of 1.6-liter Duratec engines starting in December 2015.
Formed in late 2011, Ford Sollers operates three assembly plants in Russia.
In 18 months, Ford Sollers has advanced from building just two vehicles -- the Focus and Mondeo - to seven, including the Galaxy, S-Max, Transit, Kuga and Explorer.