Business & Tech
Chevron: 'Bang, Zoom, Straight to the Moon' (Kmart Property)
Kmart announced just last week that the Moon store on would close in July.
Less than a week after Moon residents learned the Kmart on Market Place Boulevard would be closing, one of the world's largest energy companies made it known that the property shouldn't be vacant long.
Chevron announced Wednesday that it plans to acquire the Kmart property on Scott Boulevard in Moon Township—and an adjacent parcel—for a potential regional headquarters.
The Pittsburgh Post-Gazette reports that Chevon reached agreements to acquire the store property and an adjacent, 42-acre parcel of vacant land known as Marketplace Landing that is owned by Roy F. Johns Jr. Associates.
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A liquidation sale is already under way at the Kmart store, which employs 143 people.
To read the full Post-Gazette story, click here. To read about the Kmart closing, click here.
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