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Foxconn Acquires Electric Truck Plant in Ohio for $230 Million

Taiwanese Electronics Company Makes State’s Second-Largest Industrial Property Purchase Since Great Recession
Foxconn acquired the sprawling 6.2 million-square-foot former GM plant in Lordstown, Ohio, for $230 million. (Foxconn)
Foxconn acquired the sprawling 6.2 million-square-foot former GM plant in Lordstown, Ohio, for $230 million. (Foxconn)

Taiwan-based electronics manufacturer Hon Hai Technology Group, more commonly known as Foxconn, has acquired a property in Northeast Ohio for $230 million in a deal that makes it the lead operator of a struggling U.S. electric vehicle maker.

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