Lordstown has had a General Motors plant in the village for 52 years, but next year, no vehicle will be assigned to the plant and production of the Cruze will stop.
Lordstown Mayor Arno Hill says he’s hopeful the company will bring a new product to the plant eventually.
He estimates the village will lose more than $1 million a year in revenue through income taxes because of the stopped production of the Cruze.
But, Hill says they’ve been proactive in trying to diversify the businesses in the village by bringing in companies like Matalco, Anderson-DuBose, the Lordstown Energy Center and TJX.
“We have worked to be proactive so that way, in case something would happen, we didn’t want the village to be devastated and I feel we’ve done our job as far as that aspect,” Hill said.
Hill says the village will be OK in the short term but in the future, they may have to make some adjustments.