Empowering America's Auto Communities

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Men and women from RACER Trust and recipients of awards at a RACER business event

RACER Trust presented AUCH Construction with the second RACER’s Edge Award for redevelopment excellence at the 2019 National Brownfields Training Conference. (L-R) Bruce Rasher, RACER Redevelopment Manager; Patricia Spitzley, RACER Deputy Redevelopment Manager and Director of Government Relations; RACER Trustee Elliott P. Laws; AUCH Construction President and CEO Vince DeLeonardis; Pontiac (MI) Mayor Dr. Deirdre Waterman; AUCH Construction project manager Jacob Munchiando; and RACER Transaction Manager Steven Black.

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Latest Racer News

  • Aug 17, 2012

    Ohio Company To Buy Former GM Plant, Bring 1,100 Jobs to Area
    The Detroit News reports that the RACER Trust, which is heading redevelopment of "old" General Motors Corp. properties, has a deal to sell a former stamping plant in Ontario, Ohio, to a company that plans to bring more than 1,100 new jobs to the area. You can read the full…
  • Aug 17, 2012

    GM Pact Signed, Work Begins to Bring 1,100 Jobs
    Reporter Lou Whitmire reports that with the approval of the Ontario City Council, the RACER Trust has sold the former GM stamping plant in Ontario, OH, to the Brownfield Communities Development Company. The company plans to bring in two tenants and about 1,100 jobs in the next five years. You…
  • Aug 17, 2012

    Ontario Council Signs GM Site Development Pact
    Mansfield News Journal reporter Lou Whitmire reports that the Ontario City Council signed the development agreement allowing the RACER Trust to sell the former GM Stamping Plant to Brownfield Communities Development Co.  You can read the full story here.
  • Aug 16, 2012

    Major Development Firm Reaches Agreement On Purchase Of Former GM Facility
    More than 1,100 Jobs Targeted for Revitalized Ohio Facility Click here to see photos and video highlights from the Aug. 16, 2012 announcement in Ontario, OH. ONTARIO, Ohio — The RACER Trust announced today that it has entered into an agreement to sell the former GM…
  • Aug 16, 2012

    RACER Trust Announces Deal to Sell GM Stamping Plant in Ontario to Brownfield Communities Development Co.
    Mansfield's WMFD-TV offered web viewers a live feed of the news conference where RACER Trust Trustee Elliott P. Laws announces the sale of the former GM Stamping Plant in Ontario to Brownfield Communities Development Co. You can watch the news conference here.
  • Aug 16, 2012

    Developer Has Big Plans for GM Site in Ontario
    Mansfield News Journal reporter Lou Whitmire reports that the purchaser of the former GM Stamping Plant in Ontario plans to use 1 million square feet of the building and demolish about 50 percent of the structure, bringing in two companies and about 1,100 jobs. You can read the story…
  • Aug 16, 2012

    Filling Building Will Generate Tax Revenues
    Mansfield News Journal reporter Linda Martz reports that the deal to sell the former Ontario GM Stamping Plant should be a huge boost to the area's financial future. She notes that the new owners have said they would rely heavily on local contractors for demolition and rehabbing at the…
  • Aug 16, 2012

    Purchase Agreement Signed for Ex-GM Plant
    Reporter Lou Whitmire reports that the former GM Stamping Plant in Ontario, OH, was officially sold today to Brownfield Communities Development Co. The developers and new owners signed their part of the agreement, and now action waits on the City Council. You can read the full story…
  • Aug 16, 2012

    Real Estate Firm to Buy Ex-GM Ohio Plant
    Reuters reports that The RACER Trust sold the former automaker's Mansfield-Ontario stamping plant in Ohio to Brownfield Communities Development Co. for an undisclosed amount. The buyer has committed to add more than 1,100 new jobs. You can read the full story here.
  • Aug 16, 2012

    Richland County: Redeveloped GM Plant to Bring 1,100 Jobs
    Cleveland's WKYC-TV reports that the former GM plant in the economically hard hit area of Richland County is getting the promise of at least 1,100 new jobs within 5 years following the sale of the plant by the RACER Trust to Brownfield Communities Development Co. You can read…