Working with RACER: How Others See Us
"We sincerely appreciate the RACER Trust's commitment to work closely with state and
local leaders seeking to secure the best possible future for the GM-Shreveport facility.
In particular, we value RACER Trust's stated principle of prioritizing job retention and
creation in evaluating potential options for the future of the facility, as well as their
willingness to explore novel financing approaches that could result in a better long-term
business solution for the facility."
"The RACER Trust is proving to be an able, creative and strategic partner in Michigan's
economic development efforts. Our collaboration has been aided by the unique skills
they bring: creative financial approaches, a deep expertise in brownfield redevelopment
issues and a willing responsiveness by the RACER Trust team to work with ours.
In tandem, the RACER Trust and MEDC can offer prospective developers broad
capabilities to transform properties to meet an array of potential new uses."
"It has been a real pleasure working with the RACER Trust. From the very beginning,
the Trust has been very communicative and cooperative. They have sought to make
sure the six prerequisites for redevelopment of the GM site were met. I commend the
Trust, and especially Bruce Rasher, for their strong commitment for working to benefit
the local community."
"From the very beginning, the RACER Trust has been in constant communication with
our community and our Economic Development Director regarding our Spotsylvania
County property. RACER has collaborated with our staff in seeking community input
for future uses, and has demonstrated its desire to bring jobs into our community. Their
sincere desire to rebuild this area of our community is evident in our interaction with
them. We have a high degree of confidence that, together, we will achieve our common
"The RACER Trust's aggressive marketing of their Flint properties has sparked
new hope in our community that our brownfields will spring to life again with jobs
and investment. The RACER Trust has gone above and beyond in our community
to communicate with residents and engage with leaders to make sure their ongoing
efforts are in alignment with our local concerns and regional strategies. Without the
RACER Trust, these abandoned auto sites would stay in deep freeze because it requires
a comprehensive legal, environmental, and redevelopment approach to be successful
with brownfields, and most individual businesses are simply not up to the tasks."