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Stock impact report

Minnesota's struggling plastic film recycler facing eviction for $1.3 million in unpaid rent, bills [Yahoo! Finance]

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Yahoo! Finance
Myplas USA owes more than $389,000 in unpaid rent on its 160,000-square-foot industrial space in Rogers, according to the suit, and an electrical contractor also filed an $895,000 lien for unpaid bills last month. The building's landlord is asking a judge to evict Myplas from the business park on Diamond Lake Road for failing to come up with the rent or settle the lien. After celebrating the grand opening of the $30 million recycling plant in December, Myplas furloughed staff and shut down machinery earlier this year . The chair of the company's board, Peter Shippen, said in February that Myplas is "exploring management and operational changes." He did not immediately respond to a request for comment Thursday morning. Nearly every page of the Myplas USA website went offline last month. MBOLD, the Minnesota business collective that championed the project and gathered investors but has no oversight of Myplas operations, said in a statement the facility "will not operate under i Show less Read more
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