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VOL. 36 | NO. 48 | Friday, November 30, 2012
General Motors hands over keys to Shreveport plant
SHREVEPORT, La. (AP) — General Motors LLC is officially gone from Shreveport.
The automaker closed its Shreveport plant in August. And The Times (http://bit.ly/11mLiDV) reports that it officially handed over the facility on Friday to the trust that took over 89 GM-owned facilities in 14 states after GM declared Chapter 11 bankruptcy.
The automaker is still leasing a very small area to hold some equipment until it can be moved.
The plant is owned by the RACER Trust. The acronym stands for Revitalizing Auto Communities Environmental Response.
Its redevelopment manager, Bruce Rasher, says several possible buyers have expressed interest in the plant since the Trust began marketing it in April 2011. He says, "Some are still in discussions; and a few are seriously evaluating. But we do not have any buyers or tenants yet."