Under pressure from Trump, GM in talks to sell idled OH plant

Under pressure from Trump, GM in talks to sell idled OH plant

The governor's tempered expectations came in contrast to President Donald Trump's tweet on Wednesday morning: "GREAT NEWS FOR OHIO!"

According to President Trump, the deal is subject to approval by the United Auto Workers (UAW) union, which seems to be unimpressed by this latest development. It was also working on a plug-in hybrid and electric pickup, but has delayed its introduction due to financial issues.

"I guess that means they're done in Lordstown", O'Hara said of GM.

The president jumped behind his support for a new automobile company to occupy the space after GM announced it was ceasing production, leaving 1,700 Lordstown workers out of a job.

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.

"The first vehicle we would plan to build if we were to purchase the Lordstown Complex would be a commercial electric pickup, blending Workhorse's technology with Lordstown's manufacturing expertise", Duane Hughes, the Workhorse CEO, said.

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Loveland, Ohio-based Workhorse is a small electric truck and drone startup that has reported losses totaling nearly $150 million since its launch in 2007, according to the company's financial documents. That number could rise to 3,000 over several years if Workhorse were to win a contract with the U.S. Postal Service, DeWine said. DeWine said that was "certainly good news" for the three cities.

The company is on target, he said, to begin delivering its new electric vans at the end of this year.

Separately, GM and the largest union representing Canada's auto workers have reached a deal to partly rescue an Ontario assembly plant by turning it into a parts-making facility, the automaker said in a statement.

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. Union workers were livid that they agreed to make $118 million a year in annual concessions to save the plant in mid 2017, only to have the company effectively threaten to close it down a year and a half later.

The tweet actually ended up crashing the company's website. General Motors plans to sell its shuttered factory in Lordstown, to a company that builds electric trucks. He spoke to Barra earlier on Wednesday before the Detroit company announced its plans in Canada.

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