One of the final remnants of the now-former General Motors plant in Lordstown came down Wednesday afternoon. 

The banner that reads "Home of the Cruze" was officially removed as a new owner prepares to launch an electric truck venture in the facility. 

The Lordstown plant, which once employed more than 13,000, was idled last November and ultimately closed in the latest contract between GM and the United Auto Workers. 

Last week, the plant was officially purchased by the Lordstown Motors Corporation for $20 million. 

LMC CEO Steve Burns told 21 News in August Lordstown will be the world headquarters for the new company. 

Burns said he plans to have the facility up and running sometime in 2020 and will employ 400 people to start. Burns said he hopes to expand as the electric vehicle market grows. 

The Lordstown plant made GM products for more than 50 years, most recently the Chevy Cruze, which went into production in 2010. 

The Cruze was initially a popular model for GM, but sales began to decline steadily as low gas prices drove demand for larger SUVs, and demand for compact cars fell.