The plant itself produced the Chevrolet Cruze, at least until it was discontinued in March. It's one of five different plants around the US that GM had idled, transferring a majority of their workers to different plants to ensure continued employment.
The plant will form a new entity, led by company founder Steve Burns with a minority stake owned by Workhorse. Currently, the plan is to produce the W-15 extended-range electric pickup, which they debuted in 2016. Their other locations produce drones and vans for commercial purposes.
GM Chairman and CEO Mary Barra
“We remain committed to growing manufacturing jobs in the U.S., including in Ohio, and we see this development as a potential win-win for everyone. Workhorse has innovative technologies that could help preserve Lordstown’s more than 50-year tradition of vehicle assembly work.”
This isn't to say that GM isn't doing well. Barra has since confirmed that the company will be investing $700 million in expanding operations at their other Ohio locations, creating around 450 jobs in the process. Ohio is home to their Toledo, Parma, and Moraine plants, which product various vehicle parts and engines.
GM doesn't have to deal with an idled plant, and Workhorse gets a new plant to work with. Sounds like everyone wins.