CHARLESTON, W.Va. (AP) - A Parkersburg businessman has received approval for more than $384,000 in state loans to assist in the purchase of the Mister Bee Potato Chip Co.
The Charleston Daily Mail (http://bit.ly/PawOhr) reports the West Virginia Economic Development Authority gave the preliminary go-ahead on the low-interest loans Thursday to James R. Barton. The loans are for the company's real estate and equipment.
The Parkersburg company resumed production in late April following a six-month shutdown. Mister Bee filed for Chapter 11 bankruptcy last November then underwent restructuring.
The family-owned company was founded in 1951. It employs 34 workers and serves customers in West Virginia, southeast Ohio and eastern Kentucky.
Information from: Charleston Daily Mail, http://www.dailymail.com