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Dale Markowitz Assists New Jersey Company to Acquire Assets from Chardon Company

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In the Spring of 2010, Dale Markowitz assisted a New Jersey company, Richards Manufacturing, to acquire certain assets from the former Chardon Rubber Company that was in Chapter 11 proceedings. Included in those assets was a 10 acre combination of parcels commonly referred to as Brownfields. We then assisted the buyer, Chardon Property Development, LLC in obtaining a Community Block Grant and Clean Ohio funding to remove certain chemicals from the groundwater and floor of the industrial buildings. We also assisted in the removal of asbestos. The Company is now growing as a polymer compounding company, adding jobs monthly. The buildings have been demolished or renovated, as deemed appropriate, and the site is in compliance with OEPA standards. We worked with city, county and state officials and environmental consultants to accomplish the cleanup and preservation of a vital business to Chardon.