Mississippi company buys previously rented KS terminal

Mississippi State NewsThe Associated Press

JACKSON, Miss. (AP) — A Mississippi asphalt company has bought a Missouri River terminal it had been renting in Kansas, and says it plans to expand it.

Ergon Asphalt & Emulsions Inc., of Jackson, bought the Wolcott Terminal Facility in Wolcott, Kansas, from Tanco Kansas City LLC.

It had leased the terminal northwest of Kansas City from 1992 until the purchase on July 31.

The terminal currently has a 176,284-barrel capacity, receiving neat asphalt from barge, truck and rail and loading it onto trucks.

The Wolcott Facility also moves sulfuric acide, and Ergon says it will handle existing sulfuric acid contracts.

President J. Baxter Burns II says Ergon plans to add capability and storage capacity.