Execs Plant to Produce Over 1000 Monarch Tractors This Year

LORDSTOWN, Ohio – The first five of what is likely more than 1,000 all-electric MK-V Tractors slated for production this year rolled out of Foxconn Ohio’s plant here Tuesday, energizing potential for the sprawling former General Motors factory. “It’s going good so far,” said Mark Schwager, president and co-founder of Monarch Tractor, the company that has designed a driver optional EV tractor that Foxconn is building for the California-based manufacturer. “These first units are a testament to the speed in which we’ve got this going.” Schwager said Monarch has made several improvements since the tractor was first displayed at the…