GM has laid off 4,500 workers in Lordstown and closed the facility in March.
By Heather Long Heather Long Economics correspondent Email Bio Follow May 8 at 1:45 PM President Trump tweeted Wednesday and GM confirmed that the automaker is trying to sell its recently shuttered Lordstown, Ohio, factory to Workhorse Group, an electric vehicle company with fewer than 100 employees.
Trump has frequently weighed in on company decisions. The president lashed out at GM repeatedly after the carmaker began laying off 4,500 employees at Lordstown, the factory that made the Chevy Cruze sedan, urging the company to reopen the facility or sell it to another company. Workhorse makes electric commercial vehicles and is headquartered in Loveland, Ohio. The company had 99 full-time employees and seven part-time employees at the end of last year, according to its annual report. The company’s stock traded for less than a dollar before Trump’s tweet caused it to jump 40 percent.
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