LORDSTOWN, Ohio — For the last several years, the name Foxconn has greeted motorists driving along I-90 through Lordstown. It's the name of the Taiwanese company that owns the former GM Assembly plant and utilizes part of the space in its manufacturing endeavors. That will soon end, the ownership part, not the occupancy. Foxconn announced this week it has sold the 6.2 million square feet plant to a newly formed company out of Delaware.
"Foxconn will continue to occupy the Lordstown facility, following its sale to an existing business partner," Foxconn told News 5 in a statement. "The transaction is designed to provide greater flexibility and operational efficiency as the company positions the site for future growth. Proceeds from the sale will be reinvested in the United States, and is pa