GM to Sell Lordstown Plant, Invest $700M in Ohio

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"I look forward to hearing more from Workhorse about its plans to bring jobs to Lordstown, and I'm hopeful that this news will benefit the workers there", Portman said in a written statement.

The Lordstown Plant comes in at 6.2 million square feet, and GM has kept it heated and maintained since it closed to keep it ready in the case it reopened.

At the same time, GM announced investments in three other manufacturing facilities in OH: in Toledo, Moraine and Parma, creating a total of 450 new jobs.

Cincinnati-based Workhorse specializes in electric commercial vehicles and now produces a small van called the NGEN-1000 at a facility in Indiana.

President Trump said Wednesday that a new owner has been found to take over an old General Motors automobile plant in OH that was idled in March. Many will be forced to transfer in order to preserve seniority and pension eligibility, O'Hara said. The UAW has to make a decision which way they want to go in regards to this.

DeWine did not give a specific timeline but says that negotiations with the UAW could occur anytime, but they usually happen in September.

Lordstown had about 1,400 hourly workers on one shift at the time the plant stopped production.

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A criminal case was opened after the incident on charges of violation of safety rules entailing the death of two or more people. A passenger called mikkentosh posted on social media: "Guys I am all right, I am alive and in one piece".

Upon final agreement with all parties, work could begin immediately to prepare the facility for new production. The union has sued over the closure of Lordstown and three other USA plants, saying the moves violate GM's contract with the union. Trump tweeted in March.

Toledo Transmission will expand production of the company's all-new 10-speed automatic transmission for trucks and SUVs. CEO Duane Hughes said in a news release Tuesday that the company is transitioning from a development-oriented organization to a production-focused manufacturer.

GM said more than 1,350 blue-collar workers have accepted transfers to other GM factories from four US plants that are slated to close.

In the meantime, the company has developed a name-and a revenue stream-converting delivery vans to electric power. Lordstown had been pulled into the 2020 presidential campaign as Trump has pressured companies to add jobs in the U.S. OH is key to Trump's re-election campaign, and he has attacked GM for plans to close the plant as part of a larger restructuring effort.

Workhorse reported that its first quarter sales for this year were at $364,000, down from $560,000 for the quarter in 2018.

GM ended small auto production at the factory in March, eliminating 1,700 jobs at the location, which it deemed "unallocated", but didn't officially shut down as discussions about its future continued with the UAW union.

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