CHARLESTON, W.Va. (AP) - The now-bankrupt company at the center of West Virginia's chemical spill wants to sell what's left at its other site to a company tied to former executives. <\/p>\n
Freedom Industries filed court motions Monday seeking permission to sell chemicals and property in Nitro at Poca Blending, which Freedom leases. Lexycon LLC would be the buyer. <\/p>\n
Lexycon President Kevin Skiles and independent consultant Dennis Farrell are former Freedom executives. The company was formed in Florida in March. <\/p>\n
Freedom's motion says the sale would save $387,000 in net costs, like potentially demolishing the Poca site. Instead, Freedom would sell to Lexycon for $575,000. <\/p>\n
Dozens of businesses suing Freedom are among the creditors seeking its dwindling assets. <\/p>\n
The Jan. 9 spill contaminated 300,000 people's water for days. Freedom filed for bankruptcy Jan. 17. <\/p>\n
<\/p>\n
Visit link:<\/p>\n
Freedom Industries Wants to Sell Chemicals and Property to Former Company Execs<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" CHARLESTON, W.Va. (AP) - The now-bankrupt company at the center of West Virginia's chemical spill wants to sell what's left at its other site to a company tied to former executives Continue reading