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Economy and Business


Big news coming this week for the massive GM plant in Moraine?
Sen. Brown gives a history lesson, but leave the announcement to Kasich
by WKSU's M.L. SCHULTZE


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M.L. Schultze
 
The Moraine plant outside Dayton once employed as many as 20,000 people.
Courtesy of LEWIS WALLACE
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Good news could be coming by the end of this week for one of the biggest plants shuttered by GM’s bankruptcy. WKSU’s M.L. Schultze has more on the potential new use for the plant outside Dayton that once employed 20,000 people.

LISTEN: Brown on job potential at Moraine

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During a weekly conference call, reporters press Ohio Sen. Sherrod Brown on what he knows about the plans for the GM plant in Moraine.

He began with an apology for the long answer.

Then he outlined a series of steps that began in 2008. They included environmental cleanup and job retraining grants, finding a developer to buy and keep the plant whole – rather than sell it for scrap – lobbying the Obama administration, and working with the trust set up by the bankruptcy court to deal with abandoned GM properties.

“And then in 2010, we sent a letter to (Treasury Secretary Tim) Geithner and to (Attorney General Eric) Holder requesting quick consideration of the proposed purchase of the Moraine site. So all of that sort of set the table for this with the administrative RACER trust assuming responsibility for implementing the agreement. And that’s why the good news is very possible this Friday from the … governor’s office, we hope.”

And just what would that good news be?

That’s when Brown stopped talking. The thunder, he said, is Gov. John Kasich’s.

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