On the recordJuly 22, 2025
I rise today to celebrate RACER Trust based in Detroit for its extraordinary work turning abandoned industrial sites into engines of economic growth across Michigan and this country. Following the Great Recession, the RACER Trust was established to clean up and redevelop over 7,000 acres of shuttered properties. In fact, it was created by the team that I had the privilege of working on in the Obama administration, the U.S. Auto Rescue Task Force. RACER Trust has reimagined the process to meet challenges facing long-held industrial sites. I have also gotten a chance to visit many of these sites through my Manufacturing Monday program. They include Williams International, United Wholesale Mortgage, Challenge Manufacturing, and the M1 Concourse featured here, all of which are located in Pontiac, Michigan. These were shuttered industrial plants that are now beacons of light in our community, and we should celebrate their success.
Source
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