Saturday in Whitewater will be rainy with a high of 79. Sunrise is 6:54 AM and sunset 6:33 PM for 11h 38m 32s of daytime. The moon is a waning crescent with 18.4% of its visible disk illuminated.
Foxconn reportedly is in the process of purchasing an already-built, 6.2 million-square-foot electric vehicle factory in northeast Ohio.
Lordstown Motors Corp. is “near an agreement to sell its … Ohio factory to Taiwan’s Foxconn Technology Group,” Bloomberg reported Wednesday.
The factory — located in the Village of Lordstown, about halfway between Cleveland and Pittsburgh — was originally a General Motors Co. factory, sold to Lordstown in 2019 after GM closed it the year prior.
Lordstown is an American electric truck company, reportedly low on cash and facing legal scrutiny for allegedly lying about the number of preorders it had; its founder resigned in June amid the investigation.
Foxconn has been moving quickly into the business of producing electric vehicles and has partnered with California-based Fisker Inc.; Foxconn has promised to make some of Fisker’s first EV vehicles.
As commenter Joe has noted here at FREE WHITEWATER, Fisker has always been an uncertain prospect for the Foxconn, itself an unreliable company. Credit where credit is due: Foxconn managed to find a company as disreputable as it is (“Lordstown is an American electric truck company, reportedly low on cash and facing legal scrutiny for allegedly lying about the number of preorders it had”: a perfect match).
Foxconn slips off to Ohio without even leaving a note on Wisconsin’s nightstand…
Previously: 10 Key Articles About Foxconn, Foxconn as Alchemy: Magic Multipliers, Foxconn Destroys Single-Family Homes, Foxconn Devours Tens of Millions from State’s Road Repair Budget, The Man Behind the Foxconn Project, A Sham News Story on Foxconn, Another Pig at the Trough, Even Foxconn’s Projections Show a Vulnerable (Replaceable) Workforce, Foxconn in Wisconsin: Not So High Tech After All, Foxconn’s Ambition is Automation, While Appeasing the Politically Ambitious, Foxconn’s Shabby Workplace Conditions, Foxconn’s Bait & Switch, Foxconn’s (Overwhelmingly) Low-Paying Jobs, The Next Guest Speaker, Trump, Ryan, and Walker Want to Seize Wisconsin Homes to Build Foxconn Plant, Foxconn Deal Melts Away, “Later This Year,” Foxconn’s Secret Deal with UW-Madison, Foxconn’s Predatory Reliance on Eminent Domain, Foxconn: Failure & Fraud, Foxconn Roundup: Desperately Ill Edition, Foxconn Roundup: Indiana Layoffs & Automation Everywhere, Foxconn Roundup: Outside Work and Local Land, Foxconn Couldn’t Even Meet Its Low First-Year Goal, Foxconn Talks of Folding Wisconsin Manufacturing Plans, WISGOP Assembly Speaker Vos Hopes You’re Stupid, Lost Homes and Land, All Over a Foxconn Fantasy, Laughable Spin as Industrial Policy, Foxconn: The ‘State Visit Project,’ ‘Inside Wisconsin’s Disastrous $4.5 Billion Deal With Foxconn,’ Foxconn: When the Going Gets Tough…, The Amazon-New York Deal, Like the Foxconn Deal, Was Bad Policy, Foxconn Roundup, Foxconn: The Roads to Nowhere, Foxconn: Evidence of Bad Policy Judgment, Foxconn: Behind Those Headlines, Foxconn: On Shaky Ground, Literally, Foxconn: Heckuva Supply Chain They Have There…, Foxconn: Still Empty, and the Chairman of the Board Needs a Nap, Foxconn: Cleanup on Aisle 4, Foxconn: The Closer One Gets, The Worse It Is, Foxconn Confirm Gov. Evers’s Claim of a Renegotiation Discussion, America’s Best Know Better, Despite Denials, Foxconn’s Empty Buildings Are Still Empty, Right on Schedule – A Foxconn Delay, Foxconn: Reality as a (Predictable) Disappointment, Town Residents Claim Trump’s Foxconn Factory Deal Failed Them, Foxconn: Independent Study Confirms Project is Beyond Repair, It Shouldn’t, Foxconn: Wrecking Ordinary Lives for Nothing, Hey, Wisconsin, How About an Airport-Coffee Robot?, Be Patient, UW-Madison: Only $99,300,000.00 to Go!, Foxconn: First In, Now Out, Foxconn on the Same Day: Yes…um, just kidding, we mean no, Foxconn: ‘Innovation Centers’ Gone in a Puff of Smoke, Foxconn: Worse Than Nothing, Foxconn: State of Wisconsin Demands Accountability, Foreign Corporation Stalls, Foxconn Notices the Noticeable, Journal Sentinel’s Rick Romell Reports the Obvious about Foxconn Project, Foxconn’s ‘Innovation’ Centers: Still Empty a Year Later, Foxconn & UW-Madison: Two Years and Less Than One Percent Later…, Accountability Comes Calling at Foxconn, Highlight’s from The Verge’s Foxconn Assessment, After Years of Promises, Foxconn Will Think of Something…by July, Foxconn’s Venture Capital Fund, New, More Realistic Deal Means 90% Reduction in Goals, Seth Meyers on One of Trump’s (and Walker’s) Biggest Scams, the Foxconn Deal, Adding the Amounts Spent for Foxconn (So Far), and Perhaps – Perhaps – a Few Lessons Learned.