[CPEO-BIF] Press release for Ontario, Ohio GM redevelopment

[Lenny Siegel <lsiegel@cpeo.org>]

Press Release
Hilco Trading
August 22, 2012

The Brownfield Communities Development Company (BCDC), a joint  
venture company between Northbrook-based Hilco Trading LLC and Miami- 
based developer, The Adler Group, has announced that it has entered  
into an agreement with The RACER (Revitalizing Auto Communities  
Environmental Response)Trust to purchase and develop the former GM  
Mansfield-Ontario Stamping Plant in Ontario, Ohio.

At a press conference held at the massive former GM plant, Jeffery B.  
Hecktman, CEO of Hilco Trading, LLC said: "Hilco is proud to be a  
partner in this deal and we're delighted to serve as a catalyst for  
an economic revitalization of the entire region." The BCDC group  
plans to redevelop the historic single purpose facility into a  
modern, accessible, multi-tenant corporate park. "We believe that  
this redevelopment will meet the needs of businesses so they can  
compete in today's global market place," added Hecktman.

...

For the entire release, see
http://www.financialpost.com/markets/news/Chicago+Based+Hilco+Reaches 
+Agreement+Develop+Former+Facility+Ohio/7129383/story.html

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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