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Oklahoma business briefs, Feb. 28

Oklahoma business briefs, Feb. 28
Modified: February 27, 2013 at 7:35 pm •  Published: February 28, 2013

Aid OK'd for Hostess ex-employees

Employees laid off by Hostess Brands subsidiary Interstate Brands Corp. are eligible for services under the Trade Readjustment Program, the U.S. Department of Labor has ruled. Interstate Brands employees laid off after Nov. 19, 2011, are eligible. The program serves those who lost jobs or significant work hours because of increased imports or a shift in production out of the country. Services include income support, relocation and job search allowances and health coverage tax credits.

Western Gas buys one-third stake

The Woodlands, Texas-based Western Gas Partners LP said Wednesday it has agreed to buy a 33.75 percent stake in the three Pennsylvania gas gathering systems from an affiliate of Oklahoma City-based Chesapeake Energy Corp. for $133.5 million. The Larry's Creek, Seely and Warrensville gas gathering systems service the Marcellus Shale drilling production.

From staff reports