So far, three companies have confirmed interest in the mid-size SUV assembly plant since it closed in December 2008. The companies are: California-based Industrial Realty Group; Covington Capital, which controls the former Cooper Tire building off Dryden Road; and Boston-based First Highland Development and Management Corp.
Hicks said both the city and Motors Liquidation, formerly named General Motors Corp., are reviewing bids. They plan to meet Nov. 4 in Detroit to discuss preliminary findings.
“Things are moving along quickly,” Hicks said. “It looks good that we’ll be able to stay on track with their time line.”
He said Motors Liquidation outlined the goals of having a signed contract by mid-November and sale of the plant in February.
“The city of Moraine will not hold up this project,” Hicks said. “We’re being very aggressive in moving this forward.”
He said his office met this week with U.S. Sen. Sherrod Brown, D-Ohio, and will meet next week with U.S. Rep. Mike Turner, R-Centerville, regarding status of the vetting process.
City and state officials have repeatedly expressed their intent that the plant be reused after its sale and not be demolished.
Contact this reporter at (937) 225-9338 or kmcallister@DaytonDailyNews.com.
About the Author