Environmental company transfers $1.3M of local properties

0

Environmental company transfers $1.3M of local properties

View CaptionHide Caption
300 Cherokee Drive in Jefferson Twp., former home of PermaFix, now home to Clean Water Environental. LISA POWELL / STAFF

An environmental services company newly emerged from receivership has transferred nearly $1.3 million of Jefferson Twp. properties from its old legal entity to its new one.

In all, 33 parcels of properties on and around Bronson Street, Fraser Street, Cherokee Drive, Northampton Avenue and nearby streets near the Drexel area off West Third Street and U.S. 35 were transferred from OGM Ltd. to Clean Water Environmental LLC.

Records give the sale price as $1,276,190.

The company has waste water facilities at 300 Cherokee Drive in Jefferson Twp., in Columbus and in Mansfield, according to its web site.

The Cherokee site once had been home to an oil recycling operation known as PermaFix. In 2012, the Regional Air Pollution Control Agency issued a notice of violation to Clean Water Ltd at that location. Four years earlier, PermaFix had agreed to a consent decree over a controversy involving a gas that the company had wanted to dispose of at the plant.

Neighbors in recent years had complained that companies operating there had not lived up to a promise to limit odors from the site.

Last year, the U.S. Environmental Protection Agency cited Clean Water Ltd. for failing to use proper emissions filtering equipment.

Under its legal name OGM Ltd., Clean Water Ltd. went into receivership in 2015 in a lawsuit filed that year by Hunting Dog Capital LLC, a West Coast financing company that loaned the Ohio company $6.5 million in 2011.

In receivership, a creditor can take control of a business to recover outstanding loans.

Effective Sept. 18, Clean Water Ltd. exited receivership with “substantially all assets and operations” transferred to Clean Water Environmental, an affiliate of Hunting Dog Capital LLC, a press release from the company said.

Clean Water Environmental provides services related to managing hazardous wastes.

“We are excited to officially take ownership under the Hunting Dog Capital umbrella so we can focus on rebuilding customer relationships, restoring confidence with our partners and expanding the business,” Chris Allick, managing member and co-founder of Hunting Dog Capital, said in the release.

“We are confident that with new ownership, experienced leadership and renewed commitment to the communities in which we operate that our customers will remain loyal and grow with us,” John Staton, Clean Water Environmental chief executive, said in the same release.

Messages were sent to a company spokeswoman, asking for an interview with company officials.

View Comments 0

Weather and Traffic