Wyoming welcomes GM funding to demolish stamping plant that closed in 2009
The General Motors Corp. stamping plant in Wyoming has won $3.75 million from Old GM to clean up, tear down and get on with the site’s next life.
“We’re very excited it’s moving forward,” said Wyoming’s Deputy City Manager Barb VanDuren. “The longer a plant sits there, it just goes to more and more degradation. We’re ready to get this plant demolished, and ready to get something else built there.”
The cash won’t come directly to the city, though. For months, officials have been mulling ways to reuse the 75-year-old plant, once funds came through to help pay for it. Most feel it needs to be demolished, with a new industrial park to take its place.
Wyoming officials had worried the aging stamping plant would be mothballed by GM, and held in limbo indefinitely. Decisions on vacated GM plants also are swirling around 12 other Michigan cities. They share the state’s $158.7 million cut of the total U.S. fund, $773 million put up by Old GM as part of its bankruptcy settlement.
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