Business & Tech

Evergreen Owners Might Sell Company, City Says

The Argus reported that the Newark-based oil refinery's plant manager has resigned.

From a two-alarm blaze last year to a recent oil leak, has made headlines for numerous reasons in the past 18 months.

While the Newark-based oil refinery’s management team has made efforts to make changes to better its operations and reputation within the community, more changes are coming, according to a report by the Argus.

The Argus reported Sunday that the company and plant could be sold in the near future and that Newark’s Evergreen plant manager Bob Gwaltney has resigned.

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Here’s more from the report:

"The owners are looking to sell the company and the plant," said Terrence Grindall, Newark's community development director.

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Whoever buys the company could shutter the facility, or it could continue the same operations employed by Evergreen, Grindall said.

"Whatever happens, we'll continue to work with them to address any problems," he said.

Evergreen Oil officials reached by phone this week declined to comment on the company's sale.

Meanwhile, another major change looms -- plant manager Bob Gwaltney has taken a new job, with Friday his last day with Evergreen. He will be replaced by George Lamont, the company's executive vice president, who will manage the Newark facility until a permanent candidate is hired.

Read the full report from The Argus by clicking here.

What do you think of the coming changes to Evergreen Oil? Please share your thoughts with us in the comments section below.



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