Any new owner will share in the liability of cleaning up the site, Belliveau said. Usually the buildings, equipment and land are dismantled and cleaned up and the new equipment is put into place. If you buy this site you have to clean it up, Belliveau said. I hope she knows what she s getting in to. The same business reasons that sent HoltraChem packing are still in place here, Belliveau said.
Prices are still depressed, electricity rates are still high, transportation costs are high.
So I m wondering what this person s business plan is. The price tag, too, leaves Barnes wondering about whether Gehman would be the sole buyer or whether she is involved with others. DEP has extended an invitation to discuss in greater length its policies and what it would like to see done with the plant, he said. The agency awaits her call. We re ready if she is, Barnes said.