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Special to the Journal LORDSTOWN Lordstown Motors Corp. skipped its first-half 2020 property tax payment in March, racking up a hefty penalty in doing so. Records from the Trumbull County Auditor’s and Treasurer’s offices show the startup electric-truck manufacturer did not pay the $570,958 tax bill due March 5 for four pieces of property it owns, including the land where its assembly factory in Lordstown sits. Because the company missed the deadline, it was assessed a 10 percent penalty that’s added to the bill. According to parcel data with the auditor’s office, Lordstown Motors owes $424,109 for 386.6 acres it owns at 2300 Hallock Young Road, which is the location of the factory, the former General Motors assembly complex. ....
[email protected] LORDSTOWN Lordstown Motors Corp. skipped its first-half 2020 property tax payment in March, racking up a hefty penalty in doing so. Records from the Trumbull County Auditor’s and Treasurer’s offices show the startup electric-truck manufacturer did not pay the $570,957 tax bill due March 5 for four pieces of property it owns, including the land where its assembly factory in Lordstown sits. Because the company missed the deadline, it was assessed a 10 percent penalty that’s added to the bill. According to parcel data with the auditor’s office, Lordstown Motors owes $424,109 for 386.6 acres it owns at 2300 Hallock Young Road, which is the location of the factory, the former General Motors assembly complex. ....
Staff report LORDSTOWN General Motors and South Korea’s LG Energy Solution today are expected to announce the location of the partnership’s second electric vehicle battery-cell factory and it appears the companies won’t be expanding one already being built here. The announcement is planned for Nashville, Tenn., signaling the likelihood and confirming previous speculation the new factory will be in the Volunteer State, where GM already has a complex in nearby Spring Hill. The Spring Hill factory is one of three the automaker has designated to build electric vehicles. An alert on GM’s website states CEO Mary Barra with top officials from GM and LG Energy Solution will join Tennessee Gov. Bill Lee to make a “major U.S. manufacturing-related” announcement at the Tennessee State Museum in Nashville. ....
[email protected] LORDSTOWN General Motors and South Korea’s LG Energy Solution today are expected to announce the location of the partnership’s second electric vehicle battery-cell factory and it appears the companies won’t be expanding one already being built in the Mahoning Valley. The announcement is planned for Nashville, Tenn., signaling the likelihood and confirming previous speculation the new factory will be in the Volunteer State, where GM already has a complex in nearby Spring Hill. The Spring Hill factory is one of three the automaker has designated to build electric vehicles. An alert on GM’s website states CEO Mary Barra with top officials from GM and LG Energy Solution will join Tennessee Gov. Bill Lee to make a “major U.S. manufacturing-related” announcement at the Tennessee State Museum in Nashville. ....