3rd bidder vies to take over Asarco

Asarco's creditors have until Aug. 5 to recommend one of three bidders for the bankrupt company.

[RocketScientist]

Good to see so much money being thrown at the site. You know its got potential for something good.

[-------abc]

Keep what ever business we have left at Asarco in the USA.It just might help the economy in El Paso.That will only happen if AMERICANS are hired there.

[LyndaLBD]

It makes you wonder - what are they really up to? Just because they are offering $500 million, doesn't mean there's a scheme of some sort going on. We want to remove all of ASARCO from the premisis and start something new - a power plant with both wind and solar capability. We want something CLEAN for everyone, the citizens of EL PASO, Juarez, Anapra, Santa Teresa, and everyone down river. Our local farms and vineyards deserve clean air and clean water.

[LyndaLBD]

I left off an n't - Just because they are offering $500 million, doesn't meant there isn't a scheme of some sort going on.

[Thank You TECQ]

This is beginning to smell like Arasoc will be back online pumping out poisons again in the near future.

Thank you TECQ for allowing the Air Permit to a corrupt company. It just never changes in Texas. Whomever has the most money wins, especally in Austin. This isn't a state for the people. This is a state for business and corrupt politicians. People are just used for profits....

[RocketScientist]

Thank You TECQ wrote:

This is beginning to smell like Arasoc will be back online pumping out poisons again in the near future.
Thank you TECQ for allowing the Air Permit to a corrupt company. It just never changes in Texas. Whomever has the most money wins, especally in Austin. This isn't a state for the people. This is a state for business and corrupt politicians. People are just used for profits....

You could be in a state like California thats broke and has no jobs either. Texas has some of the most resilient metro areas in the country (6 out of 10 I think!)