GM to sell Lordstown plant, invest $700 mln in Ohio -- Trump


Reuters | Updated: 08-05-2019 21:01 IST | Created: 08-05-2019 21:01 IST
GM to sell Lordstown plant, invest $700 mln in Ohio -- Trump

U.S. President Donald Trump said Wednesday that General Motors Co will sell its Lordstown, Ohio plant to a company to build electric trucks and will invest $700 million in three other Ohio facilities.

GM did not immediately comment. Trump, in a tweet, said the sale of the Ohio plant to Workhouse Group Inc will require the approval of the United Auto Workers union. GM came under harsh criticism from Trump and members of Congress after it announced in November it would close five North American asssembly plants and cut 15,000 jobs. (Reporting by David Shepardson Editing by Chizu Nomiyama)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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