In November, General Motors announced it would close its Lordstown Complex March 11. Experts say the Trumbull County city is unlikely to recover. We broke down the numbers behind GM’s move.
1966:Year GM’s Lordstown Complex opened.
16.3M:
Vehicles built at Lordstown since the plant opened.
13.4K:
Jobs at the Lordstown Complex in 1968, the height of employment.
5 factories slated to shutter next month.
14,000:
U.S. workers GM plans to lay off.
120:
Employees expected to be laid off at nearby Magna plant, which makes seats for GM’s Chevy Cruze.
5K:
Letters written by students to GM CEO Mary Barra pleading for Lordstown to remain open.
5.6%:
Increase in GM’s stock price the week the plant closings were announced.
$11.2 Billion:
Amount taxpayers lost on the 2010 GM bailout.
$82 Million:
Ohio state income taxes lost thanks to a 2008 GM incentive package.
15,000:
GM employees in Mexico, as of 2017.
$3:
Hourly wage for GM workers in Mexico, where the company is the largest car manufacturer.
65%:
Decline in manufacturing jobs in Trumbull County since 2000
20,000:
Manufacturing jobs lost in Trumbull County since 2000
30%:
Lordstown residents employed by manufacturing
$21.96 Million:
Total compensation for GM CEO Mary Barra in 2017, 295 times more than GM’s median employee
24,755:
Residents Trumbull County lost since 2000
17.5%:
Residents living in poverty in Trumbull County, 3.5 points higher than the national average
$6 Billion:
Amount GM plans to save by the end of 2020
$12.8 Billion:
GM’s pretax profit in 2017
Sources: General Motors, Cleveland.com/Plain Dealer, News 5 Cleveland, The Vindicator, Reuters, CNN, Bloomberg, Detroit Free Press
