Common Contracts
1 similar Prospective Purchaser Agreement contracts
TAYLOR LUMBER & TREATING SITEProspective Purchaser Agreement • June 6th, 2002
Pacific Wood Preserving Companies, the largest treater of low-environmental-impact wood in the United States, recently purchased Taylor Lumber and Treating's wood treatment plant. A "Prospective Purchaser Agreement," which relieves the new company from Superfund liability for past contamination, was finalized on May 15, 2002. Over the past several months, EPA has been negotiating with parties in the Taylor bankruptcy and with Pacific Wood Preserving to reach a financial agreement. EPA will work closely with the new owner to continue to address soil and water contamination at the Taylor site.
