Upon final agreement with all parties, work could begin immediately to prepare the facility for new production.Today, GM also announced it is creating 450 new manufacturing jobs in Ohio at its facilities in Toledo, Moraine and Parma.designs, manufactures, and builds battery-electric vehicles and aircraft in the United States. Get the latest Workhorse Group, Inc. (WKHS) stock news and headlines to help you in your trading and investing decisions. Workhorse Group Inc. was founded in 2007 and is headquartered in Loveland, Ohio. Burns added, "The first vehicle we would plan to build if we were to purchase the Lordstown Complex would be a commercial electric pickup, blending Workhorse's technology with Lordstown's manufacturing expertise. Workhorse Group Inc. (WKHS) Add to watchlist. "This potential agreement creates a positive outcome for all parties involved and will help solidify the leadership of Workhorse's role in the EV community," said Workhorse CEO Duane Hughes.
The company also develops cloud-based and real-time telematics performance monitoring system that enables fleet operators to optimize energy and route efficiency. This led to a development agreement with Navistar, a major U.S. truck OEM. AMP acquired the Workhorse brand and the Workhorse Custom Chassis assembly plant in Union City, IN in March of 2015. WKHS Stock Message Board for Investors. Workhorse Group . The asset acquisition made the company an OEM and enables the company to manufacture new, medium-duty truck chassis in the 14,500 to 23,500 GVW class.
In March of 2015, AMP formally changed its name to Share your opinion and gain insight from other stock traders and investors. Its products include medium duty step vans, light duty pickups, delivery drones, and manned multicopters. In addition to the plant assets, our exclusive arrangement with UpTime Parts, Inc. for logistical and spare parts support and our 400+ network of dealers provides AMP with unequaled nationwide support for our vehicles. 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