For the media
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
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Apr 02, 2013
Aircraft Maintenance Firm Buying Willow Run CVO Facility; Sale is Expected to Result in Creation of 25 Jobs
YPSILANTI, MI — The RACER Trust today announced an agreement with International Turbine Industries (ITI) for the sale of the former General Motors Willow Run Company Vehicle Operations facility. ITI is expected to use the property to expand its jet engine repair and parts sales business.… -
Mar 22, 2013
Sale and Redevelopment of RACER Trust Site in Kansas City, KS, Means 2,000 New Local Jobs
KANSAS CITY, KS — The Unified Government Board of Commissioners of Wyandotte County and Kansas City, KS, today approved an agreement with NorthPoint Development for development of the new Central Industrial Park, a project that is expected to create 2,000 new jobs at the site of a former… -
Feb 07, 2013
RACER Trust Awards Major Cleanup Contract for Former GM Site in Massena, NY, to Local Firm
Perras Environmental Control to Perform 3rd Phase of Remediation MASSENA, NY — Perras Environmental Control Inc., a family-owned environmental services firm in Massena, has been awarded the contract for the third phase of cleanup at the site of the former General Motors Powertrain… -
Jan 30, 2013
Ewing Township, RACER Trust Agree On Unified Marketing Approach for Former GM Property
Township Council Approves Parkway Avenue Redevelopment Plan EWING, N.J. — The Ewing Township Council on Tuesday night approved the Parkway Area Redevelopment Plan, establishing a vision for a new town center on land that once was home to General Motors Corp. and a Naval Air Warfare… -
Jan 03, 2013
Elio Motors to Buy Former GM Plant in Shreveport, Expects to Employ 1,500 by end of 2015
Unique 3-Wheel Vehicles Will Be Manufactured at Facility SHREVEPORT, La. — The RACER Trust today announced an agreement to sell the former General Motors Shreveport Assembly and Stamping Plant to Elio Motors, which will manufacture its line of three-wheeled vehicles at the facility in… -
Dec 28, 2012
RACER Trust Completes Sale of Former GM Facility in Ohio to Major Development Company
Hundreds of Jobs Anticipated for Multi-Tenant Operation ONTARIO, Ohio — The RACER Trust today completed the sale of the former GM Mansfield-Ontario Stamping Plant in Ontario to the Brownfield Communities Development Company (BCDC), which has committed to bringing hundreds of new jobs… -
Nov 28, 2012
Redeveloping Former GM Sites for New Job-Creating Uses
Area Development interviewed RACER Redevelopment Manager Bruce Rasher on the Trust's mission and work to bring new jobs to former GM properties. You can read the full story here. -
Nov 28, 2012
Plans 'On Track' for Sale of Former GM Plant
Reporter Lou Whitmire reports that the plans to sell the former GM plant in Ontario to the Brownfield Communities Development Company are moving along, according to the RACER Trust's Bruce Rasher. You can read the full story here. -
Oct 31, 2012
Former GM Assembly Plant in Pontiac Sold for New Industrial Development
PONTIAC, Mich. — A large former General Motors Corp. plant has been sold by the RACER Trust to a firm that will renovate it to bring in new industrial development. The 43-acre Fiero Assembly property was purchased by Lapeer, Mich.-based North American Dismantling Corp. (NADC), which… -
Oct 31, 2012
RACER sells Fiero Assembly plant in Pontiac to Lapeer-based company
The Detroit Free Press reports on RACER's sale of the former Fiero Assembly plant to North American Dismantling Corp., which will lead to 30-50 new jobs at the site. You can read the full story here.