Lordstown Motors Files for Banktruptcy - A Region Which Had Seen Better Days Takes Another Hit

 Was it naive for those in the Ohio Valley to hope? That optimism was focused on Lordstown Motors, a startup whose mission was to prodce EV vehicles. All that seemed so on trend in where the auto industry was heading. So many "good jobs" could be created. 

The region did need that hope. Not so long ago GM had pulled out of town. The subcompact it was manufacturing on three shifts was no longer in demand. And we all know how the steel industry had collapsed years ago. After that, the nearby Pittsburgh, Pennsylvania metro area, which also had been built on steel, had diversified its economy. It was now growing through higher education, healthcare and tech. Essentially the Valley was stuck in time. 

Now The Wall Street Journal reports that Lordstown Motors has filed for bankruptcy and is searching for a buyer. Will the mood in the region harden into despair? Or can another potential savior arrive? 

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