Interox America v. Ppg Industries, Inc.

JERRE S. WILLIAMS, Circuit Judge:

Appellant Interox America purchased a hydrogen peroxide business from appellee PPG Industries, Inc. The sales agreement executed by the parties provided that the plant which was located on PPG’s property in Barberton, Ohio, would re.vert back to PPG for disposition if Interox elected not to remove any component parts from the plant site. The component parts consisted primarily of the machinery and equipment used to produce the hydrogen peroxide. Interox chose not to remove any of the component parts, and upon reversion ba!ck, PPG sold the plant machinery and…