GM sell­ing shut­tered fac­tory in Ohio to elec­tric truck maker

Baltimore Sun - - NATION & WORLD -

TOLEDO, Ohio — Gen­eral Mo­tors is sell­ing a mas­sive assem­bly plant it shut down ear­lier this year in Ohio, a clos­ing that drew threats and scold­ing from Pres­i­dent Don­ald Trump, to a newly formed com­pany that said Thurs­day it in­tends to be­gin mak­ing elec­tric trucks by late 2020.

The com­pany called Lord­stown Mo­tors Corp. plans to hire 400 pro­duc­tion work­ers at the out­set, but said it still needs more in­vestors be­fore man­u­fac­tur­ing can be­gin.

GM had em­ployed 4,500 peo­ple at the fac­tory near Youngstown just two years ago be­fore it be­gan cut­ting pro­duc­tion and even­tu­ally i n March ended more than 50 years of car man­u­fac­tur­ing there, part of a ma­jor re­struc­tur­ing plan.

Terms of the sale and the in­vestors who are be­hind the deal weren’t dis­closed by the pri­vately held Lord­stown Mo­tors.

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