An Associated Press report on Bloomberg.com says that a southeast Michigan development firm has agreed to purchase and redevelop a massive abandoned General Motors metal stamping plant in Wyoming, Mi.
According to excerpts from the story:
A former General Motors metal-stamping plant in western Michigan that closed in 2009 is expected to be demolished and the site redeveloped for advanced manufacturing, food processing or other industrial use under plans announced Thursday. West Bloomfield-based Lormax Stern Development Co. has agreed to purchase the 92-acre site and the 2 million-square-foot plant, and will work with the Grand Rapids suburb of Wyoming to redevelop the property, city officials and the development company said. Financial details weren't immediately released. Work at the site is set to begin in April, with demolition and cleanup expected to take up to 18 months.
Read the complete story
here.
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.