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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Media Inquiries: Bill Callen
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518-792-3856
[email protected]
Latest Racer News
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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… -
Aug 16, 2012
Firm Heading Former GM Site Redevelopment to Sell Ohio Stamping Plant
The Detroit News reports that the RACER Trust, responsible for redevelopment of "old" GM properties, has sold a former Ohio stamping plant to a company that plans to bring more than 1,100 new jobs to Ohio. You can read the full story here. -
Aug 16, 2012
Sale Of Former Ontario General Motors Plant Announced
WMFD-TV reports that a developer has agreed to purchase the massive former GM stamping plant from the RACER Trust and will bring in two businesses and about 1,100 jobs. You can read the full story here. -
Aug 16, 2012
Brownfield Communities Development Buys Ex-GM Facility in Ohio
A staff report in InAutoNews from Romania notes that the RACER Trust is selling former GM’s Mansfield-Ontario stamping plant in Ohio to Brownfield Communities Development. You can read the full story here. -
Jul 30, 2012
Potential Advantages of Reusing Potentially Contaminated Land for Renewable Energy
A fact sheet from the U.S. Environmental Protection Agency's Re-Powering America's Land Initiative highlights the benefits of reusing sites such as potentially contaminated land, landfills, and mine sites for renewable energy development. Click here to download the fact sheet. -
Jul 27, 2012
Repurposing Former Automotive Manufacturing Sites
This report from the Center for Automotive Research reports says that shuttered auto plants are being purchased by developers at a rate not seen in decades. The report compiles information on the property transitions, including facts, guidance and lessons to model as communities move forward… -
Jul 26, 2012
RACER Trust and UEP Detroit Team Up to Provide Opportunities for Minority Entrepreneurs
YPSILANTI, Mich. — The RACER Trust and the Urban Entrepreneur Partnership, Inc. (UEP) of Detroit, have initiated a Memorandum of Understanding aimed at increasing opportunities for qualified minority suppliers to participate in redeveloping properties sold by RACER. The memorandum calls…