Lordstown Motors Corporation warned Tuesday that is it close to running out of cash and may be forced to shut down operations before the end of the year. The announcement sent the electric truck maker’s shares down 20% in midday trading on Wednesday. The Lordstown facility was once home to a General Motors plant, which […]
Read MoreOhio’s Unveiling
Last year, Eastern Ohio was affected by a major loss when General Motors made the decision to close their Lordstown facility, a major part of this small town. Since then, a banker by the name of Steve Burns, now CEO for Lordstown Motors, is starting from the ground up with hopes to revive the facility […]
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