US: Trust sells 3 former GM facilities

Three former General Motors properties in Ohio and Michigan have been sold in separate transactions. The buyers plan to redevelop the sites, which were sold by The RACER Trust. The RACER (Revitalizing Auto Communities Environmental Response) trust was created this March by a US Bankruptcy Court to clean-up, redevelop and sell Subscribe to Automotive World … Continued

• By Webmaster
• July 7, 2011