Foxconn on Monday confirmed that it sold its production facility in Lordstown, Ohio, earlier this month to SoftBank, reports Nikkei. Under the terms of the deal, Foxconn will continue to operate the plant, which will be retrofitted to build AI servers and other gear to equip Stargate AI data centers.
The Lordstown, Ohio, site was originally acquired by Foxconn from Lordstown Motors in 2022 and used for electric vehicle production. The complex spans 6.2 million square feet and is six times larger than Foxconn's Houston facility, which is also being expanded to build AI servers. The plant has production facilities (albeit these will have to be changed to build AI servers) and loads of power capacity, which will be required for large-scale manufacturing operations. Foxconn got $375 million for the plant and the land, according to Reuters.
