ICYMI — Pence Wrong About Lordstown Plant

In case you missed it… The Youngstown Vindicator reported Friday that Vice President Mike Pence was mistaken when he said Workhorse Group Inc. had secured funding to buy the idled Lordstown facility.

They haven’t.

“Donald Trump and Mike Pence wouldn’t know because they haven’t been to Lordstown, but the folks there are suffering horribly right now. This is a community on the brink with people’s whole way of life at stake as businesses suffer and families are split apart,” said Ohio Democratic Party Chairman David Pepper. “Trump lied when he promised to protect these workers. Pence’s sloppiness — once again giving the hard-working people of Lordstown false hope instead of concrete solutions — is reckless, cruel and irresponsible.”

KEY HIGHLIGHTS:

  • A General Motors spokesman told The Vindicator this morning that Vice President Mike Pence was mistaken when he said Workhorse Group Inc. and an affiliated, newly formed company had secured funding to buy the idled Lordstown facility.
  • Jim Cain told The Vindicator that Pence was reacting to Workhorse obtaining $25 million from private investors for working capital and research and development.
  • That money isn’t “directly related to the sale” of the Lordstown plant, he said. The Vindicator had previously reported on that funding on June 20.
  • Cain was quoted by FreightWaves, a freight market news website, as saying Workhorse “is not buying the Lordstown plant.”
  • He told The Vindicator that is correct because it would be the third party, affiliated company that would purchase the facility, and Workhorse was never going to buy it.
  • Since Pence made the statement Tuesday to the media in Lancaster, Ohio, several local officials working to find a company for the GM complex said they didn’t know what the vice president was talking about regarding Workhorse.

READ MORE:

Youngstown Vindicator: “GM clarifies statements on GM/Workhorse/Lordstown

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