WTC Mystery Continues, But It May Already Own Wash. Land - Tire Review Magazine

WTC Mystery Continues, But It May Already Own Wash. Land

Port of Ephrata officials granted an extension to Washington Tire Corp. to provide proof that the company is legal and that its representative is who he says he is.

But according to new documents, WTC may actually already own a large parcel of land in Washington.

WTC was originally given until Aug. 25 to deliver documents proving that it was legally incorporated, and that Abraham Hengyucius – aka Hengyu Zhang – can legally represent WTC in negotiations to acquire land and build a proposed $1 billion tire plant at the Port.

WTC retained Seattle real estate attorney Lee Brettin to represent it in further dealings with the Port. Brettin requested and received the one-week extension, which expired Sept. 1.

There was no word as to whether WTC confirmed its status or the true identity of “Abraham Hengyucius.”
WTC is attempting to purchase 97 acres of land in the Port for its proposed 18-building tire plant.

According to new documents acquired by Tire Review, WTC was incorporated as a for-profit corporation in the state of Washington on July 18, 2008, and “Abe Hengyucius,” with an address in Tacoma, Wash., was listed a president. Further, a Colorado Tire Corp. – another name the company has operated under – was incorporated in that state on July 18, 2009, and “Hengyu Zhang,” with a Gig Harbor, Wash., address, was listed as president.

Other documents acquired by Tire Review show that WTC an undeveloped 171.4-acre parcel (parcel number 161638000) of land in Grant County – the same county where the Port is located – for $128,550. The land, located a few miles southeast of the Port, was acquired on Aug. 29, 2008, with WTC buying the parcel from TD Investments.

TD Investments, which bought the property in April 2005 for $105,000, according to the documents, is headed by Andy Chen, chairman, and John Chen, president.

Andy Chen was also listed as the head of ASPI Group Inc., which sought and won an injunction in July against “Washington Tire Corporation and Abraham Hengyucius aka Abe Hengyucius aka Abraham Zhang,” claiming the parties illegally represented themselves as “Washington EB-5 Investment Regional Center” in an effort to attract investors from China (see ‘Abe Zhang and the Curse of the Forked Tongue, Sept. 2 blog post). ASPI Group claims it is the only legal EB-5 Regional Center in the state.

In other WTC news, the Port of Ephrata Board of Commissioners approved two requests for funds to assist the proposed tire plant project. The Aug. 10 action by the board released $200,000 in loans and grants for the project, with $150,000 of the total earmarked for “infrastructure enhancement.”

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