Foxconn sells Lordstown facility for $88 million, to continue to occupy premises
The Taiwanese company said in regulatory filings it had sold the Lordstown premises to a company called Crescent Dune LLC. In a separate statement, it described the buyer as an "existing business partner".
Foxconn purchased the plant in 2022 from now-bankrupt U.S. electric vehicle startup Lordstown Motors Corp for $230 million.
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