foxconn-sells-lordstown-plant-for-$88-million-but-keeps-ev-production-running

Foxconn has finalized the sale of its Lordstown, Ohio, factory to Crescent Dune LLC for $88 million, while maintaining operations as a tenant. This move allows Foxconn to reinvest in US-based initiatives, focusing on electric vehicle production and advanced manufacturing. The sale reflects Foxconn’s strategy to optimize assets and support growth in key sectors.