RACER Trust http://redriverradio.org en Elio Motors plans to build futuristic car in Shreveport http://redriverradio.org/post/elio-motors-plans-build-futuristic-car-shreveport <p>Phoenix-based Elio Motors has formally announced its agreement to buy the former Shreveport General Motors plant, where it will build three-wheeled vehicles that it says will get more than 80 miles per gallon.</p><p>The startup car maker will use one-third of the 3 million acre plant site. Elio Motors&nbsp;said it will hire 1,500 workers by late 2015. Founder Paul Elio said at Thursday's news conference at the plant that he aims to create good-paying U.S. jobs, whether they’re unionized, he said, is up to his workforce<strong>.</strong></p> Fri, 04 Jan 2013 15:03:20 +0000 Kate Archer Kent 21885 at http://redriverradio.org Elio Motors plans to build futuristic car in Shreveport Many leads on former Shreveport GM plant, but no buyer yet http://redriverradio.org/post/many-leads-former-shreveport-gm-plant-no-buyer-yet <p>The former General Motors plant in Shreveport has officially changed hands. GM’s lease is up and the court-appointed RACER Trust will now maintain the property. The Trust took title last year as part of the GM settlement agreement. Redevelopment manager Bruce Rasher says marketing efforts will be stepped up since the plant’s 3.1-million square feet are now vacant. Rasher says he’s optimistic that he’ll find a buyer, and he’s following up on promising leads alongside state and local economic developers.</p> Fri, 30 Nov 2012 14:56:11 +0000 Kate Archer Kent 20531 at http://redriverradio.org Many leads on former Shreveport GM plant, but no buyer yet