News Sections
Indiana Limestone Back On Solid Ground
Updated May 18, 2015 8:04 AM | Filed under: Business
 Print    Archive    RSS

(OOLITIC) - Indiana Limestone Co., which supplied Indiana limestone for the stone facades for the Empire State Building and the Pentagon, is back on solid ground a year after filing for bankruptcy protection.

Indiana Limestone Co. has doubled its annual excavation figures since it was purchased last May by Chicago-based equity firm Wynnchurch Capital following its Chapter 11 bankruptcy filing.

The company had owed $50 million to more than 1,000 creditors.

The Herald-Times reports the once-struggling company has added 43 jobs, doubled its annual excavation figures and reduced its limestone delivery time to three to four weeks. That's crucial in the construction industry, while competitors still need eight to 10 weeks of lead time.

Company CEO Thomas Quigley says "that's really what has driven a lot of business to us."

« Previous Article
Next Article »

 Print    Archive    RSS

Have a question or comment about a news story? Send it to

Advertise with 1340 AM WBIW
Find more about Weather in Bedford, IN
Advertise with 1340 AM WBIW

1340 AM WBIW, Bedford's Place To Talk. Serving Lawrence and surrounding counties since 1948!

© 2019 Ad-Venture Media, Inc. All Rights Reserved. and Listen Live Powered by HPC

Advertise  |  Careers  |  Contests  |  About  |  Feedback  |  Public File