Missouri Redevelopment Firm Paid $9.6M For Closed GM Plant

The sale price for the former Janesville General Motors plant was nine-point-six-million dollars.  Missouri-based Commercial Development Company had announced the purchase last month.  The deed transfer for the 265-acre property came Tuesday, making the price public.  Commercial Development specializes in redeveloping closed industrial sites and other types of distressed real estate.  It has said the former G-M plant offer potential for manufacturing, warehouse operations or logistics-related businesses.  More than five-thousand jobs were lost when the plant closed in 2009.