The man leading the effort to clean up and dispose of General Motors’ vacant properties says more potential buyers are showing interest.
Elliot Laws is the Administrative Trustee of the RACER Trust. RACER stands for “Revitalizing Auto Communities Environmental Response.” The trust was created during GM’s bankruptcy.
Laws says interest in the old GM plant sites is rising along with the economy.
“There’s a lot of cash out there for people to invest,” says Laws, “They’ve been holding onto trying to see what’s going to happen.”