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04 Nov
19:23

Lordstown poised for $800m windfall from Postal Service contract: Roth Capital

Ohio’s Lordstown Motors Corp stands to reap $800 million in revenue if associated company Workhorse Group secures an $8.1 billion US Postal Service contract, Kallanish learns from a report from investment banking firm Roth Capital Partners.  Lordstown is the manufacturing entity associated with Workhorse, and the CEO of Lordstown - Steve Burns - was the co-founder of Workhorse. Burns has said in the past that his Lordstown, Ohio, facility - formerly a G…
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