RACER Trust Open House Wednesday at Willow Run Features U.S. Government’s Jay Williams, Mathy Stanislaus
Redevelopment of former GM properties to create jobs in 17 Michigan cities, 14 states highlighted
The RACER Trust will host more than 200 local, state and national officials, economic development leaders and site selection specialists at the historic Willow Run Plant from 10 a.m. to 2 p.m. Wednesday, June 20. The Open House will highlight more than 70 former GM properties as well as RACER’s efforts to redevelop them and create jobs in 17 Michigan communities and 14 states.
Featured presenters include Jay Williams, Executive Director of the U.S. Office of Recovery for Auto Communities and Workers, and Mathy Stanislaus, Assistant Administrator for the Environmental Protection Agency.
The Willow Run Plant is located at 2500 Airport Road in Ypsilanti, Mich.
RACER Trust Open House Program:
- 9-10:30 a.m., Informal Networking
- 10:30-11 a.m. Welcome and Jay Williams remarks
- 11 a.m.-noon: Panel on RACER Mission with Williams and Stanislaus
- 1-2 p.m. RACER Panel on Environmental Accounts/Cleanup Responsibilities
The RACER Trust was established in March 2011 by the U.S. Bankruptcy Court to clean up and position for redevelopment properties and other facilities owned by the former General Motors Corp. before its 2009 bankruptcy. When formed, RACER owned more than 44 million square feet of industrial space in 66 buildings across 7,000 acres in 14 states, principally in the Midwest and Northeast.
Michigan communities that are home to former GM properties are: Bay City, Buena Vista Township, Burton, Delta Township, Detroit, Flint, Genesee Township, Grand Blanc, Lansing, Lansing Township, Livonia, Milford, Pontiac, Romulus, Van Buren, Wyoming and Ypsilanti.
RACER is one of the largest holders of industrial property in the United States and is the largest environmental response and remediation trust in U.S. history.