GM will invest $700 million in Ohio, creating 450 new jobs, President Trump announced.
General Motors will invest $700 million in Ohio, creating 450 new jobs, President Donald Trump announced Wednesday via tweet.
GREAT NEWS FOR OHIO! Just spoke to Mary Barra, CEO of General Motors, who informed me that, subject to a UAW agreement etc., GM will be selling their beautiful Lordstown Plant to Workhorse, where they plan to build Electric Trucks. GM will also be spending $700,000,000 in Ohio...While the Lordstown plant has not been actively producing vehicles since early March, GM spokesman Dan Flores said at the time that the 6.2 million square foot plant would remain in a"state of readiness.
“I have been working nicely with GM to get this done,” wrote Trump, while also thanking GM Chairman and Chief Executive Officer Mary Barra and state lawmakers. “Thank you to Mary B, your GREAT Governor, and Senator Rob Portman. With all the car companies coming back, and much more, THE USA IS BOOMING!"
“This is about making sure that GM is lean and agile,” Barra said in February, adding that the automaker wants to trim back some of its more bloated operations in order to help it fund its aggressive push into mobility services, such as autonomous ride-sharing, as well as electrified vehicles.
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