STREAMING LIVE: New tenant announcement for former GM plant - KSLA News 12 Shreveport, Louisiana News Weather & Sports

STREAMING LIVE AT NOON: New tenant announcement for former GM plant

Elio's fuel-efficient vehicle has three wheels, seats two and comes in 7 different colors, including Sour Apple, Red Hot, Licorice and Marshmallow. (source: www.eliomotors.com) Elio's fuel-efficient vehicle has three wheels, seats two and comes in 7 different colors, including Sour Apple, Red Hot, Licorice and Marshmallow. (source: www.eliomotors.com)
Inside the former GM plant (Source: RACER Trust) Inside the former GM plant (Source: RACER Trust)
Before the news conference at the former General Motors plant. Before the news conference at the former General Motors plant.
SHREVEPORT, LA (KSLA) -

A major announcement is expected at Noon Thursday regarding the future of the former General Motors plant in Shreveport. KSLA News 12 will stream the news conference live on ksla.com and carry the announcement live on the air on KSLA News 12 at Noon.

The new tenant at the former General Motors plant in Shreveport could be a startup auto firm called Elio Motors.

KSLA News 12 has learned from a reliable source that the company will make Shreveport its manufacturing home in 2013.

The Caddo Parish Commission and representatives of the RACER Trust are expected to make the announcement at the site of the former GM plant. The trust was set up and tasked with cleaning up, maintaining and selling 89 former GM plants in 14 states in the wake of the automaker's bankruptcy.

The last truck rolled off the assembly line at GM Shreveport on August 28.

Citing a confidentiality agreement, Caddo Commission officials and RACER have declined to identify the new tenant before the announcement is made.

At Wednesday's Caddo Parish Commission work session, parish assistant administrator Randy Lucky revealed that the new tenant will be a manufacturer, and that it's expected to bring 1,500 jobs by April.

Lucky confirms it will be an auto manufacturer, but not one of the "Big Three" (Ford, General Motors and Chrysler). In fact, Lucky says this will be their first time manufacturing cars on a large scale.

Lucky says it will be a U.S.-based company that will be paying $37.50 per hour for manufacturing jobs on the assembly line. Lucky says the unnamed company is not affiliated with a union at this point.

According to the company's Facebook page, Elio Motors was founded in 2008. On its website, the Phoenix-based company claims to be "the next big thing in transportation" and features a small, 3-wheeled vehicle that runs on regular unleaded gas capable of getting 84 miles per gallon on the highway.

According to the company's website, they expect to deliver the first Elio, retailing for $6,800, in July 2014.

Copyright 2012 KSLA. All rights reserved.

  • Trending StoriesTrending StoriesMore>>

  • Arrest made in discovery of opium poppy plants in Catawba County

    Arrest made in discovery of opium poppy plants in Catawba County

    Tuesday, May 23 2017 6:34 PM EDT2017-05-23 22:34:17 GMT
    Steve Ohnesorge | WBTV)Steve Ohnesorge | WBTV)

    The Catawba County Sheriff's Office says the plants were found off Poultry Lane near Claremont.

    More >>

    The Catawba County Sheriff's Office says the plants were found off Poultry Lane near Claremont.

    More >>
  • Pregnant teen blocked from walking at graduation

    Pregnant teen blocked from walking at graduation

    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT
    Wednesday, May 24 2017 2:45 AM EDT2017-05-24 06:45:22 GMT

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

    More >>

    The school principal says the student and her parents signed a covenant, vowing the teen wouldn’t have sex.

    More >>
  • Deadly virus threatens local crawfish industry

    Deadly virus threatens local crawfish industry

    Tuesday, May 23 2017 7:26 PM EDT2017-05-23 23:26:19 GMT

    A deadly virus is threatening the crawfish industry in Southwest Louisiana. It's called white spot syndrome virus and it was first discovered in Thailand, but somehow it made its way to ponds in South Louisiana and specialists are struggling to find the funds to research a solution.  “The catch was increasing and increasing and then it dropped 70% and that's when you saw the dead crawfish floating in the water,” said a crawfish farmer of 34 years, Ian Garbarino. He...

    More >>

    A deadly virus is threatening the crawfish industry in Southwest Louisiana. It's called white spot syndrome virus and it was first discovered in Thailand, but somehow it made its way to ponds in South Louisiana and specialists are struggling to find the funds to research a solution.  “The catch was increasing and increasing and then it dropped 70% and that's when you saw the dead crawfish floating in the water,” said a crawfish farmer of 34 years, Ian Garbarino. He...

    More >>
Powered by Frankly