REGIONAL ECONOMIC IMPACTS

Resulting from activities by RACER and its buyers/end users

MAKING OUR WORLD A BIT BETTER

Investments by RACER Trust and its Buyers are improving Communities by Cleaning Up the Environment and Creating Jobs That Last

RACER Trust, established in March 2011 following the General Motors Corp. bankruptcy settlement, has remained steadfast in its mission to remediate environmental impacts and return former GM properties to productive use.

Investments by RACER Trust’s buyers and end users through March 2026 have generated annual, recurring impacts of nearly 82,000 jobs, more than $7.6 billion in labor income and $28.9 billion in regional economic output, creating new opportunities and revenue for communities hurt by the GM bankruptcy.

Our work emphasizes protection of human health and the environment as well as redevelopment that generates jobs and restores tax revenue to communities significantly affected by plant closures. According to recent analysis using 2025 benchmarks, RACER’s efforts have created 81,949 permanent jobs, contributing more than $7.6 billion in annual labor income and $28.9 billion in total economic output. When factoring in anticipated future investments, these impacts rise to 167,447 jobs, $15.8 billion in labor income, and $63.6 billion in total output.​​​​​​​

Environmental progress has been equally substantial. In addition, through July 31, 2026, RACER had obtained a No Further Action status for 62 components of environmental cleanup at its properties, meaning active remediation was complete and risks to human health and the environmental removed.

This success reflects the original vision of the settling parties, who sought to transform abandoned industrial sites into catalysts for renewal. It also underscores the essential collaboration among community leaders, economic development professionals, regulators, site selectors, entrepreneurs, and elected officials necessary for RACER to be successful. RACER Trust acknowledges and deeply appreciates the collective commitment that continues to drive its mission forward.