A University of Oklahoma Heisman winner plans to buy a chemical plant and export milk powder to China. Billy Sims, the former Sooner and Detroit Lions running back, told The Bay City Times he plans to convert a vacant Bangor Township, Mich., Dow Chemical Company plant to a powder plant that would be set for Pacific export.
Sims’ company already has the supply chain set up. His group wants to make Bangor Township, an area with over 15,000 people on south side of Lake Huron’s Saginaw Bay, a Chinese investment hub.
The same story cited Sims possibly adding a 2,000-cow dairy farm in the area to supply the plant. He said his team already has an order for 22 million tons of milk powder from China.
Success not guaranteed
Sims is co-owner and namesake of over 45 Billy Sims Barbeque restaurants, but also ended up in federal bankruptcy in 1990. Prior business ventures that turned south include a supermarket, nightclub, eyeglasses store chain, chain of catfish restaurants, and a water-purification business.
Source: The Bay City Times