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Thursday, September 2, 2010

Chrysler Plant Could Find New Life

Posted By on Thu, Sep 2, 2010 at 8:26 AM

click to enlarge The plant as viewed from I-44 in Fenton.
  • The plant as viewed from I-44 in Fenton.
A group, reportedly comprised mostly of local investors, has submitted a proposal to purchase the shuttered Chrysler plant in Fenton.

According to the St. Louis County Economic Development Council, the unnamed group want to turn the plan into a technology part for companies in the business of alternative and renewable energy.

The plant has been idle since last year, when it last employed some 1,200 workers. The property has a price tag of around $30 million.

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