Lordstown Motors CEO Expects Eventual 5K Jobs
LORDSTOWN, Ohio – Lordstown Motors Corp. anticipates employing around 5,000 at its plant here if it is successful in getting the plant up to full capacity, CEO Steve Burns says.
Other Lordstown Motors executives, elected officials and community leaders joined Burns in a conference room at the former General Motors Lordstown Complex for a news conference Thursday morning to discuss the company’s plans for the complex.
Price point for the vehicle will be $50,000.
A week ago, the electric vehicle startup announced it had acquired the idled plant from GM. It has outlined plans to retool the plant and begin production of its Endurance pickup truck by the end of 2020.
“We’ve stated 400 jobs to start, but we‘ve also stated we didn’t buy a big plant like this to have just 400 folks in there,” Burns said. “We expect to get to full capacity with three shifts.”
Full capacity would be about 5,000 workers, but Burns would not give a timeframe for that. “That is just our goal,” he said.
“This is a new adventure. I think it will be very successful,” Lordstown Mayor Arno Hill said.
Check BusinessJournalDaily.com Friday morning for an in-depth report on this story.
Pictured: Lordstown Motors CEO Steve Burns (center) discusses plans for the plant alongside state Sens. Michael Rulli, R-33, and Sean O’Brien, D-32.
Copyright 2024 The Business Journal, Youngstown, Ohio.