The BDC auctioned off Tangarie Alternative Energy's assets.
Tangarie auction postponed after the company files for bankruptcy.
All assets of Tangarie in Vernon will soon hit the auction block.
Tangarie Alternative Energy is officially no more; that according to Vernon Business Development Corporation President Sean Stockard.
A meeting of the Vernon Business Development Corporation was canceled earlier this week as officials and lawyers continue to comb through Tangarie Alternative Energy's financial documents.
The plant remains closed; The workers laid off.
However, officials in Vernon are still trying to figure out a way for the Tangarie Alternative Energy Plant to re-open and bring jobs to the community there.
Could the Tangarie Alternative Energy plant be closed for good, or is there a deal in the works with another company to rehire some of the Tangerie employees?