Ford announced it will begin to sell parts of its Wixom Assembly Plant.
The 317-acre Wixom Assembly Plant was closed in 2007 and now Ford has begun the first stage of the massive demolition project. There are already several companies interested in buying portions of the site, one of them being Wisconsin-based home improvement retailer Menards.
“We’re working on a deal, but nothing has been finalized just yet,” said Jeff Abbott, spokesman for Menards.
Ford only said it is currently in negotiations with several companies and that it intends to sell the entire assembly plan site, with one exception, a 32-acre area which the automaker will keep in the southwest corner for environmental management reasons.
The automaker has tried for years to sell the plant which once manufactured the Lincoln Town Car and the Ford Thunderbird. But the 4 million square-foot plant hasn’t found any buyers with whom Ford could seal a deal. In December 2011 Ford has been approved a $20 million state tax credits to redevelop the site, which will be used to demolish 1 million square feet of the plant. The automaker hasn’t been given a timeline for when the remaining 3 million square feet will come down.