WQBE News

Settlement Reached in Road Paving Case

West Virginia officials announced a $101.3 million settlement Friday in an antitrust suit against 11 asphalt and paving companies the state accused of cornering the market and driving up project costs. West Virginia,” Attorney General Patrick Morrisey called it the state’s largest antitrust settlement and said the savings can be directed to road rebuilding and unfinished projects. Three companies, West Virginia Paving, Kelly Paving and American Asphalt, will make a $30.3 million payment upfront to the state and local governments, which includes five cities and Kanawha County. The settlement says West Virginia Paving will give an additional $71 million in credits that the state can apply to its currently unpaid projects or for work in the next seven years. The companies had denied the charges and admitted no wrongdoing as part of the settlement.

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