Fears that premature demolition could prevent site sale.
Missouri state senator Clair Mccaskill has written to the US Treasury Department in an attempt to halt what she believes to be a premature demolition of the former Chrysler manufacturing plant in Fenton.
The site was acquired by Capstone Group when Chrysler fell into bankruptcy. Following several failed attempts to sell the facility as a going concern, Captsone has entered into a contract with MCM to demolish both the North and South plants.
However, Mccaskill says that her office has received several enquiries from companies interested in purchasing the North plant intact. And she is calling on the US Treasury Department to intervene.
In her letter, Mccaskill says: “Unlike the demolition of the South Plant, Capstone appears to have moved ahead with the contract on the North Plant before receiving approval of the County to demolish it.”
The letter concludes: “There are serious questions that need to be addressed. There is real interest in the North Plant from potential buyers. If the plant is demolished prematurely, it could affect the ability to bring good-paying, long-term manufacturing jobs to the region.”
A copy of the letter can be found here.
