NEWS
WL Plastics sale will be ‘good’ for Bowie plant
By BARBARA GREEN
INEOS Olefins and Polymers USA has purchased WLP Holding Corporation, which operates WL Plastics in Bowie.
WLP is headquartered in Fort Worth, with production facilities in Texas, Kentucky, South Dakota, Utah and Wyoming. WL Plastics operates a pipe plant in Bowie, which it purchased in 2006.
Bowie Plant Manager Jerry Rogers said Monday the sale should be a “wonderful thing” for the plant.
INEOS has said it will continue the current pay and benefits, the overall bonus plan payout targets and states in a company handout its “longer term goal is to ensure WL is competitive in its market and retains its talented people.”
“This is a wonderful thing and good for the entire company,” said Rogers. “We look to see growth potential during the next few years. INEOS is a well-respected, well-run organization.”
WL Plastics provides high density polyethylene pipe for use in oil, gas, industrial mining, conduit and municipal water and sewer applications. It is one of the largest manufacturers of pipe in North America.
Read the full story in the mid-week News.
On Friday city officials reported the intersection at Rock and Pillar was closed due to a sinkhole in the street. This area has been experiencing major drainage problems for many years damaging culverts and the street asphalt and concrete, with a portion of the street collapsing earlier in the spring. Drivers should avoid this area.
The Nocona City Council approved a trio of Nocona Economic Development Corporation requests and considered infrastructure work questioned by a city council.
Councilors met on June 10. Two of the NEDC requests had already been presented with the timeclock for comment started. With that time limit over, the requests were finalized.
The Type A and B Boards will spend $19,225 at the Indian Oaks Golf Club for equipment, aerifying and top dressing the greens and batteries for rental carts. It also will expend $20,000 to the Nocona Chisholm Trail Rodeo Arena Committee to build new concrete bleachers, railings, fence and platform.
The third NEDC request is a new one related to a Type B board loan of $200,000 to Amy and Chris Nunneley for a new apartment and office construction project.
Read the full story in the Thursday Bowie News.
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