A federal judge has approved a sale of property a court-appointed receiver took over from Allegheny Wood Products after the prominent hardwood producer abruptly shuttered locations in February that will allow two company sites to keep operating.

The judge on Friday approved the sale contemplated in a letter of intent under which a Lancaster County, Pennsylvania-based flooring manufacturer would acquire — free and clear of all liens and claims — all assets to maintain Allegheny Wood Products sawmills in Greenbrier and Randolph counties for $7.5 million.

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Mike Tony covers energy and the environment. He can be reached at 304-348-1236 or mtony@hdmediallc.com. Follow on Twitter.

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