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WRITER: Ron Selak Jr.

CEO, CFO at Lordstown Motors resign; interim leaders appointed

LORDSTOWN — Two top executives at Lordstown Motors Corp. are out with hefty severance packages less than one week after the beleaguered electric-truck startup told federal regulators substantial doubt surrounds its ability to stay in business over the next year. No reasons were given for the resignations of founder / CEO Steve Burns and Chief Financial Officer Julio Rodriguez, but the moves come in tune ...

Report finds inaccurate claims against Endurance

LORDSTOWN — A special committee formed to investigate claims made against Lordstown Motors Corp. in a scathing short-sellers report found the claims mostly false and misleading, but substantiated issues regarding some inaccurate statements about preorders for the company’s electric truck. The findings released Monday were in response to a March report by Hindenburg Research that characterized the ...

Labor shortage hits local manufacturers

“All of these are supposed to be running. We don’t have the people to do it,” said Ron Krisher, motioning with his hand to the production machines that sit idle at Therm-O-Link, the company he co-owns in Garrettsville. About 30 people work there making insulated copper wire for various industries, including automobile, agricultural and appliance, and for the military. The plant, within a few blocks from ...

Mercy Health selling 3 Valley facilities

YOUNGSTOWN — Bon Secours Mercy Health is selling its three senior care facilities in the Mahoning Valley to a New Jersey-based health care firm, a decision that’s been met with concern by the Diocese of Youngstown. The move — part of Bon Secours Mercy Health’s full divestiture of skilled nursing and assisted and independent living operations in Ohio, Virginia and Florida, according to the diocese ...

Senators push for Delphi pension review

A bipartisan group of U.S. senators want answers from the Biden Administration concerning the review of the terminated Delphi salaried retiree pensions directed by former President Donald Trump in October. The eight lawmakers that include Republican Rob Portman and Democrat Sherrod Brown from Ohio have requested a status update on Trump’s presidential memo from the Secretaries of the Treasury, Commerce and ...

Anderson-DuBose named McDonald’s U.S. Supplier of Year

LORDSTOWN — A food service distribution company here that supplies products to more than 450 McDonald’s restaurants to four states in the eastern United States was named by the fast food giant its 2021 U.S. Supplier of the Year. Anderson-Dubose Company “went so far above and beyond its support of the McDonald’s system that it is nearly impossible to quantify the full extent of their impact,” Joe ...

Report: Lordstown Motors may not survive

LORDSTOWN — Lordstown Motors Corp. doesn’t have enough money to start commercial production of its battery-powered pickup truck, the Endurance, and has expressed substantial doubt regarding its ability to continue as a going concern over the next year. The company also received two subpoenas from the U.S. Securities and Exchange Commission for information related to its October merger with special ...

Wheatland Tube plans $30M expansion at Howland plant

HOWLAND — Wheatland Tube plans to invest $30 million at its Dietz Road NE steel pipe and tube plant to support growing industry demand and improve worker safety. The 85,000-square-foot expansion will be a fully automated storage and retrieval warehouse that also will lead to greater productivity, a higher quality product and better customer service, said Barry Zekelman, chairman / CEO of Zekelman Industries. ...

LMC CEO swings by Lordstown High School

LORDSTOWN — Lordstown Motors Corp. CEO Steve Burns was quizzed more about his startup company and its first offering, the Endurance truck — from its appearance and towing capacity to battery life and growth opportunities at the company trying to revolutionize the electric truck market. The questions weren’t from auto industry analysts, investors or even customers, but junior high and high school students ...

Union on table for battery plants in Lordstown, Tenn.

LORDSTOWN — General Motors appears supportive of the effort by United Auto Workers to organize workers at two electric-vehicle battery-cell manufacturing plants in the U.S., including the one in Lordstown. However, the automaker Tuesday stopped short of allowing a simplified organizing method, card check, over the more complicated vote-by-ballot process. Card check requires employees to only sign a card to ...