The Cincinnati-based company, Workhorse, who is trying to buy the idled GM Lordstown plant using a newly formed private company has secured financing. 

Vice President Mike Pence told media outlets in Lancaster today, that Workhorse has secured financing to "move forward to keep jobs" in our community. 

"Well, as you know, after GM made that announcement, President Trump made it clear that we wanted to see GM do better. We’re very pleased that they stepped forward.  Workhorse, I learned, just this week, secured the financing to move forward to keep jobs in that community, and we’re going to continue to look for ways to support that," said Pence in a statement. 

21 News reached out to the CEO of Workhorse for comment, but have not heard back.