TRENTON — Local resident Brad Murray says he remains hopeful that a group he is a part of can purchase the idle DSME plant.
The group would convert the massive property into a venture if the province approves its offer.
Murray would not share the group’s offering price for the property but said only a fraction of the bid is paying for the property and he could not elaborate on the nature of the products to be made there.
“I can’t say the amount but it’s enough to handle the plant,” he said. “It’s all in the projects and the partnerships. It’s a boutique of products, some of them green-related and some of them linked to each other.”
He said the province could accept the bid at any moment but he could not confirm the sale at press time.
Thursday is the last day that the group will be dealing with the court-appointed receiver that has been trying to secure the appropriate sale of the property after the province announced last Friday to have the receiver transfer ownership of DSME Trenton lands to Nova Scotia Lands Incorporated, effective this Friday, and start auctioning most of the remaining on-site equipment.
“We have made every effort to find a buyer for this site. For more than two years, the receiver has marketed this property internationally, without success,” said Business Minister Geoff MacLellan. “Now is the time to move forward and begin the next phase, one that will allow Nova Scotia Lands to explore other economic opportunities.”
Nova Scotia Lands has turned other industrial sites in Nova Scotia into areas of economic activity, including Port Mersey Commercial Park near Liverpool and Harbourside Commercial Park in Sydney.
Murray said he was informed that “there will not likely be a liquidation” of the property until November and he remains optimistic about a purchase before or after the property is turned over to Nova Scotia Lands.
The South Korean shipbuilding giant Daewoo (DSTN) began building wind towers in Trenton in 2010 after the company struck a deal with the NDP government at the time for a 51-per cent stake in the facility. It closed the wind tower plant in early 2016, prompting the Department of Business to start filing for receivership proceedings.
The wind tower production followed the plant’s previous function as a rail car manufacturing operation that closed a decade ago.