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Lordstown Motors agrees to sell its auto plant

LORDSTOWN - Lordstown Motors Corp. and Hon Hai Technology Group, also known as Foxconn, have finalized deal that has the Taiwanese tech giant buying the electric-vehicle startup's factory for $230 million. According to a release this afternoon, Foxconn has agreed to make a down payment of the purchase price of $100 million by Nov. 18, and subsequent down payments of $50 million on each of Feb. 1 and no later than April 15, 2022. The balance of the purchase price will be paid at closing. The parties have agreed to pursue a contract manufacturing agreement for the Endurance pickup truck, ...

Thu. 9:36 a.m.: Lordstown Motors appoints new CEO

LORDSTOWN - Electric vehicle startup Lordstown Motors Corp. has appointed former CEO of Icahn Enterprises L.P, Daniel A. Ninivaggi, as its chief executive. Ninivaggi, 57, has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear Corporation, ultimately serving as executive vice president, where he was responsible for, among other functions, corporate development and strategy. He later held the positions of co-chairman and co-CEO of Federal Mogul Holdings Corporation, an $8 billion supplier of ...

Cafaro confirms Meijer at Eastwood Mall

Meijer, which in May opened a store in Boardman - the Michigan-based retailer's first in the Mahoning Valley - is moving ahead on a long-awaited store in Howland adjacent to the Eastwood Mall. At the Eastwood Mall Complex, Meijer will build a 159,264-square-foot store at the site of the former Super Kmart building at Howland Commons. The retailer will also build at 3,376-square-foot convenience store and fuel station in the parking lot near state Route 46. Demolition of the former shopping store will be done soon, according to a release from complex owner / operator, the Cafaro ...

School bus crashes, rolls on side in Liberty

LIBERTY -- Authorities are at the scene this morning at a traffic crash at Belmont Avenue and Tibbetts Wick Road involving a school bus which rolled onto its side. A black SUV was also involved in the accident, according to Trumbull County 911 reports. There were children in the school ...

Former YSU football player killed in car crash

YOUNGSTOWN -- Youngstown police are investigating a fatal crash late Saturday that killed a former Youngstown State University football player. Reports indicate the accident happened at 11:54 p.m. Saturday at the intersection of Albert Street and McGuffey Road. Police were attempting to stop a 19-year-old driver for a traffic violation near the intersection of Albert Street and the Himrod Expressway exit when that driver attempted to evade police and then struck another vehicle on Albert Street. The driver of the other vehicle was identified as 24-year-old Darius Shackleford, who was ...