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Metal Recycling Initiative Magnet For New Jobs

We all know the cardinal rule of industrial redevelopment: To return underutilized properties to productive use while providing jobs and a new tax base. The rule is once again coming to fruition, and this time in Pontiac, Mich., where a metals manufacturer with a global vision is nevertheless staying true to the spirit of local rebirth and reinvestment. The manufacturer, Troy, Mich.-based Rivore Metals LLC regards southeast Michigan as its home, and thus recognized the supreme relevance to "create opportunities" there. Photo Source: Flickr The project was orchestrated by RACER Trust, which in February reached agreement with Rivore Metals for the sale of a vacant, 41.9-acre industrial property off North Glenwood Ave. in Pontiac, Mich. It is Rivore's intention to establish a metals recycling business with up to 35 employees at the site, with plans to construct a 40,000-square-foot sorting facility after the business is operating. The metals trading and…Log In to Read Full Article

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