Report: Calumet Retains Bank For Potential Sale Of Superior Refinery
[gtxvideo vid=’p3nAOGwy’ thumb=’http://player.gtxcel.com/thumbs/p3nAOGwy.jpg’ vtitle=’REUTERS: CALUMET SELLING SUPERIOR REFINERY?’]
NEW YORK (REUTERS) – Superior’s largest employer, Calumet Oil Refinery, could be in the works of being sold, according to news agency Reuters.
Reuters reports Calumet has retained a bank for the potential sale of the Superior refinery, citing “two people familiar with the matter.”
The news agency did not have any word Thursday on who might buy the plant.
A spokesman for calumet declined immediate comment to Reuters involving any sale plans for the Superior refinery.
It was in November when FOX 21 reported Calumet was planning to upgrade the Superior refinery in 2017 worth $30 million.
FOX 21 will provide more information as it becomes available.