It's down to the wire as GM tries to make a quick exit from bankruptcy. Monday a judge approved an asset sale which would split the company into two -- a "new gm" which would continue to make cars, and an "old gm" with one objective: to sell off assets.
Lansing's two GM plants and the vacant lot next to the LGR plant will go to the new GM. The former sites of the Lansing Craft, Metal, and Car Assembly plants will go to the old GM, which will be sold and the profits will go to creditors.
So what's that mean for Lansing Township's two plants?
"We made a deal with GM after many months of discussion," John Daher said.
Township Supervisor John Daher said the company agreed to demolish the Craft Centre and Metal Plant, then put up a fence, sidewalks, and grass -- a plan not set for completion until August of next year.
"My guess it will be a part of the sale," Daher said. "In other words, if someone wants to buy the properties, there will be contingencies, one of which will be Lansing Township will be made whole."
But that was before bankruptcy -- long before the company needed money. A GM spokesperson couldn't tell Newsten Tuesday if the "old GM" will be able to honor all of the current GM's commitments. Which, he said, could have an unfortunate effect on small communities as the company moves forward.
But Daher said he has faith.
"As down as GM is and we all know they're down, they still have the highest amount of integrity and I trust them," he said. "We trust them."
Daher said he talked to someone from GM Tuesday and they assured him the company is still interested in honoring its promises to the township.
Daher said development on those sites is pretty far down the road, but he envisions a mixed use building replacing the old plants.