SOLOMON: LACKEY OR INDEPENDENT?
Submitted to Shelton Blog by Jake Rufer Mason County Progressive
The Washington State Department of Ecology has determined that Simpson and Solomon Renewable Energy Company (SREC) are two (or will be) two independent polluting units as opposed to one polluting unit. With that determination, Simpson's pollution will not be counted as added to that of Solomon's prospective pollution.
On the web, I checked out the WA Division of Corporations and searched on the various Simpson companies.
SIMPSON INVESTMENT COMPANY is the top level organization. In the trade, Simpson Investment Company is called a holding company. Holding companies have controlling interest in other companies. Holding companies often exercise direct control over other companies, not only by holding controlling interest in shares, but by positioning one or more of their officers and directors on the subservient corporation boards. Washington Secretary of State, Division of Corporations, lists the governing persons of Simpson Investment Company as follows:
Chairman, Director Mosley, Colin
Director Morel, A R
Director Lyford, C
Director Felton, R
Director Phillips, M
Director Cline, R
Director Johnson, E
Vice President McEntee, DM
Vice President Heemstra, JA
President Trinkwald, AF
Vice President, Secretary, Stauffer, B
Treasurer Anderson, S
The above officers and directors in bold type are shown to be sitting on the boards of the following Simpson corporations.
Simpson Lumber Co: S. Anderson, A.F. Trinkwald,
Simpson Door Co: S. Anderson, D.M. McEntee, J.A. Heemstra, B. Stauffer
Green Diamond: C. Mosley
Simp Tacoma Kraft: D.M. McEntee
Assuming that my use of the Division of Corporation's published information is accurate, I make one obvious conclusion. We are dealing with an INTERLOCKING DIRECTORATE. I suggest that the reader do a web search on that term to find out what others report about interlocking directorates.
More to the point, a question looms: Is Solomon independent of the Simpson combine or is it a subsidiary to Simpson Investment Company?
As is shown above, Simpson Investment Company is fully experienced at forming controlled subsidiaries. The Division of Corporation’s web records indicate but one person associated with Solomon LLC, Barry Cosme, Manager. I next searched on the name, Barry Cosme, and made some hits. One such hit is entitled “Barry Cosme, Simpson Investment Company/Spoke”. I opened the Spoke reference where I found the name listed at Simpson Investment Company. (I did not have to pay money to open the commercial search engine.)
Perhaps Simpson/Solomon is but one polluting unit, rather than two independent polluting units as the DOE has determined?
I sure hope Ecology reads the blog!
ReplyDeleteThe results of your search support my contention that these guys are all the same guys. Thanks, Jake!