Restoring Value, Building Futures
Transforming distressed industrial properties into thriving assets with strategic expertise
Maximizing the value of distressed industrial properties
Our Vision
To be the preeminent leader in revitalizing distressed industrial properties and facilitating organizational restructuring, converting challenges into opportunities, and creating sustainable value for investors, businesses, and communities through strategic asset management and an unwavering commitment to integrity.
RESTORING VALUE, BUILDING FUTURES
FAITH ASSET MANAGEMENT, LLC
Faith Asset Management LLC (FAM) is an investment firm specializing in providing comprehensive services for businesses navigating critical phases such as pre-IPO fundraising, organizational restructuring, and other key corporate transformations.
Welcome to Faith Asset Management
Our Story
Faith Asset Management LLC (FAM) is an investment firm specializing in providing comprehensive services for businesses navigating critical phases such as pre-IPO fundraising, organizational restructuring, and other key corporate transformations. FAM assist in preparing companies for market entry, optimizing financial structures, and implementing strategic changes to maximize growth and value. We also specialize in the acquisition, revitalization, and redevelopment of distressed industrial assets. Our portfolio includes steel mills, paper plants, aluminum facilities, chemical plants, and power plants, which we strategically repurpose to unlock new economic potential.
With expertise in investing, consulting, construction service, demolition, environmental remediation, and full-scale property development, we provide end-to-end solutions that maximize asset value and drive economic revitalization. Our firm has a proven track record of transforming underutilized industrial sites into viable, high-performing investments, fostering job creation, infrastructure growth, and long-term sustainability.
FAM collaborates with strategic partners and other advisory firms, enabling us to explore opportunities in the stock market, IPOs, and corporate reorganizations. Backed by major investors, we are well-positioned to execute high-impact redevelopment projects and drive continuous investment growth.
Our mission is to be the leading full-service property development firm, educating, training, and investing in local, state, and regional resources. Through strategic industrial transformation, we aim to turn idle assets into thriving economic hubs, contributing to community development, industrial innovation, and regional economic expansion.
Discover our projects
Florence Development
Florence Industrial Park
The Florence Industrial Park, developed by Faith Asset Management LLC, is a premier industrial site located in Florence, South Carolina. Previously owned by DuPont, the site was a major plastic film production facility before its decommissioning in 2013. Following the dismantling of its equipment, the industrial park now offers several warehouses and office buildings for lease, with two current tenants operating on-site.
Prime Location & Exceptional Connectivity
Strategically positioned for industrial and logistics operations, Florence Industrial Park provides convenient access to major transportation hubs:
- 130 miles from the Port of Charleston, SC, and the Port of Wilmington, NC
- Adjacent to Interstate 95 (I-95), offering seamless north-south transportation across the U.S.
- 9 miles from Florence Regional Airport (FLO)
- Near Francis Marion University, benefiting from a skilled local workforce
- 908-acre industrial site with a favorable climate and scenic surroundings near the Great Pee Dee River
South Carolina – A Global Industrial Hub
As a key industrial state, South Carolina is home to world-renowned companies such as Coca-Cola, BMW, and Haier, which have established major manufacturing and processing facilities in the region. The state’s robust textile, processing, and manufacturing sectors make it an attractive destination for industrial investment and business expansion.
A Gateway for foreign Enterprises in the U.S.
The Florence Industrial Park aims to serve as a preferred base for foreign enterprises expanding into the U.S. market. Faith Asset Management LLC is committed to providing comprehensive business support services, including:
- Consulting and advisory services
- Factory and warehouse facilities
- Logistics and supply chain solutions
- Talent recruitment and workforce development
With its strategic location, strong infrastructure, and pro-business environment, Florence Industrial Park is positioned to become a key industrial and logistics hub, fostering international investment and economic growth in the region.
Niagara Development
A Strategic Industrial and Infrastructure Hub
The Niagara Development Project, located in Niagara City on the Wisconsin-Michigan border, is a former large-scale paper mill site now repurposed for industrial development. Spanning 7,600 acres—3,000 acres in Wisconsin and 4,600 acres in Michigan—the project offers a 9,300-square-meter industrial plant alongside extensive infrastructure to support a wide range of industries.
Robust Infrastructure & Utility Capabilities
The project boasts high-capacity power and utility services, including:
- High-voltage electrical infrastructure with 69 kW, 138 kW, and 345 kW connections
- A 4,000-amp power supply capacity
- Direct natural gas supply to the factory area
- A dedicated railway track spanning 7,200 meters, with direct access to the industrial facility
- Strategic proximity to the Port of Green Bay, Wisconsin—just a 1.5-hour drive
Existing Facilities & Future Development Potential
The Niagara Project currently features:
- One historic office building, formerly the city hall and courthouse, blending history with functionality
- Four industrial buildings suited for diverse industrial operations
- A fully functional water treatment facility, ready for reactivation
- An active landfill site with 1.7 million cubic meters of available capacity, estimated to support operations for 68 years
- Government-approved permits for the development of three additional landfill projects
High-Value Natural Resources & Emerging Opportunities
The project site holds over 60 million tons of proven basalt reserves, attracting interest from major stone companies. Additionally, the presence of natural gas pipeline infrastructure makes the site ideal for energy-intensive industries, such as:
- Natural gas power plants
- AI-driven data centers requiring high power capacity and cooling solutions
With its strategic location, established infrastructure, and abundant resources, the Niagara Development Project is positioned to become a key industrial, energy, and technology hub in the Midwest, offering unparalleled opportunities for investment and development.
Choren Project
Sherman Development
A Leading Biofuel & Synthetic Gas Facility in Germany
The Choren Project, formerly operated by Choren Company, is a pioneering biofuel and synthetic gas production facility located in Freiburg Industrial Park, Germany. Specializing in biogas and synthetic fuel for automobiles, the company utilized Carbo-V international patented technology to produce tar-free synthetic gas, along with advanced biogas conversion solutions for external applications.
Sustainable Energy Production & Industrial Innovation
As a pilot project for renewable fuel production, the facility was designed to process waste wood and biological waste into SunDiesel gas, a sustainable and environmentally friendly fuel. At full capacity, the plant was engineered to produce 18 million liters of eco-friendly fuel annually, employing 300 professionals at peak operation.
Comprehensive Industrial Infrastructure
The facility spans 7 acres within the Freiburg Industrial Park and comprises 21 buildings, offering a total construction area of 247,000 square feet. Key infrastructure includes:
- Warehouses, office buildings, machine repair workshops, and laboratories
- Oil and gas storage tanks
- Multiple outdoor loading and unloading platforms for multi-modal transportation access
Strategic Location & Industrial Synergy
- Prime industrial setting: The site is part of an emerging industrial hub, located near a major solar product processing plant
- Well-developed infrastructure: Equipped with a power supply system, compressors, and wood processing equipment, all available as part of a fixed-price sale package
- Proximity to key urban centers: Freiburg is situated near Dresden, with a surrounding population of approximately 500,000 residents
With its state-of-the-art biofuel technology, extensive industrial infrastructure, and strategic location, the Choren Project presents a significant opportunity for sustainable energy development, industrial production, and investment in the growing renewable energy sector.
Sherman Development
Hannibal Development
Sherman Development
Revitalizing Biomass Energy in Maine
The Sherman Power Plant, located in Maine, USA, is a biomass power facility capable of generating renewable energy using wood, straw, and other organic materials. Originally operational, the plant ceased power generation in 2013 due to mismanagement. In the same year, Faith Asset Management successfully acquired the facility, recognizing its potential for sustainable energy production and economic revitalization.
High-Capacity Power Infrastructure
The plant is equipped with a 24-megawatt Dresser Turbodyne turbine generator set, which remains fully intact and functional. With its well-maintained infrastructure, the facility has the capability to resume operations quickly and restore power generation with minimal investment.
Strategic Location & Renewable Resource Advantage
- Abundant biomass supply: Maine's vast forest resources provide a consistent and cost-effective supply of raw materials for biomass energy production.
- Government incentives: The U.S. government offers tax subsidies for biomass power plants, enhancing the project's financial viability.
- Ongoing maintenance: Integrity Asset conducts weekly equipment maintenance, ensuring the facility remains in operational readiness at all times.
With its strategic location, existing infrastructure, and access to renewable resources, the Sherman Power Plant represents a valuable opportunity for biomass energy production, investment, and sustainable power generation in Maine.
Lenox Development
Hannibal Development
Hannibal Development
A Prime Opportunity for Residential & Resort Development
The Lenox Development Project, located in Massachusetts, USA, is a redevelopment site formerly home to three medium-sized paper mills. While the original equipment and industrial structures have been dismantled, several factories, warehouses, and office buildings remain, offering significant potential for redevelopment and adaptive reuse.
Strategic Location & Scenic Environment
- 150 miles from New York City and 40 miles from Albany, the capital of New York State
- Nestled in a picturesque landscape with mountains and water, creating an exceptional natural setting
- Easily accessible from New York City (approximately a 3-hour drive), making it an ideal location for second homes and vacation properties
Future Development Potential
The Lenox Project is well-positioned for high-end residential and resort development, catering to the increasing demand for luxury retreats and vacation homes near New York. Key opportunities include:
- Luxury residential communities offering modern, nature-inspired living spaces
- Resort and hospitality development to attract vacationers and weekend travelers
- Riverfront high-end apartments or resorts, capitalizing on the site’s scenic beauty
- Adaptive reuse of existing warehouses to create unique facilities, such as a premium fitness center or wellness retreat
With its prime location, natural beauty, and redevelopment flexibility, the Lenox Development Project presents a unique opportunity to transform a former industrial site into a premier residential and resort destination in New England.
Hannibal Development
Hannibal Development
Hannibal Development
Transforming a Historic Industrial Site into a Strategic Industrial Hub
In 2014, Faith Asset Management acquired the former ORMET Aluminum Plant in Hannibal, Ohio, a historic industrial site that was once one of the largest electrolytic aluminum production facilities in the United States. Originally built in 1958, the facility spanned 6.5 square kilometers, with 230,000 square meters of factory space. At its peak, the plant operated six electrolytic aluminum production lines, housing 1,032 electrolytic cells and producing 270,000 tons of aluminum ingots annually.
Strategic Location & Transportation Advantages
Situated on the Ohio River, the Hannibal site offers exceptional logistical advantages with multi-modal transportation access:
- Barge access via a dedicated dock on the Ohio River, ensuring efficient raw material intake and product distribution
- Railway connectivity, facilitating cost-effective bulk transportation
- Highway infrastructure, providing seamless road transport options for industrial operations
Redevelopment Plan – A Modern Industrial & Logistics Hub
In 2015 Faith Asset Management initiated the dismantling of the facility, with a vision to transform the site into a multi-purpose industrial park and logistics center. The redeveloped site will cater to key industries, including:
1. Shale Gas & Energy Sector
The Ohio River Valley is a major shale oil and gas production region in the U.S. Faith Asset Management owns a shale oil and gas extraction well on-site, currently operated by a publicly listed energy company. The industrial park will support the shale gas sector by providing:
- Processing and production plants
- Equipment leasing services
- Warehousing and logistics facilities
2. Steel & Heavy Industry
Located less than 100 miles from Pittsburgh, the steel capital of the U.S., the industrial park is ideally positioned to support:
- Steel production, processing, and R&D enterprises
- Manufacturing supply chains for steel-related industries
3. Advanced Manufacturing & Industrial Services
The Ohio River Valley is home to major industrial hubs, including Pittsburgh (PA), Cincinnati (OH), and Louisville (KY). It hosts Fortune 500 companies such as Procter & Gamble (P&G), U.S. Steel Corp, PPG Industries, Heinz, AK Steel, and General Cable. The Hannibal Industrial Park will serve manufacturing enterprises with:
- Production and processing facilities
- Supply chain and logistics support
- Industrial equipment and material storage
4. Regional Logistics & Warehousing
With its strategic river, rail, and road access, the site is an ideal location for a regional logistics hub, supporting:
- Freight handling and distribution centers
- Supply chain solutions for regional industries
5. Tourism & Leisure Development
The scenic Ohio River region offers significant potential for tourism and recreational development. With its natural landscapes, river access, and proximity to major urban centers, opportunities exist for:
- Outdoor recreation such as boating and hunting
- Eco-tourism and hospitality projects
A Vision for Industrial & Economic Growth
The Hannibal Development Project represents a strategic investment in the future of industrial redevelopment, energy production, and regional logistics. By transforming a historic aluminum production site into a modern, multi-use industrial hub, Faith Asset Management is driving economic revitalization, job creation, and sustainable industrial growth in the Ohio River Valley.