Company makes payment related to price-fixing case:

Irving Materials Inc. in November deposited $2 million into an escrow account to provide funding toward any eventual settlement it may make with the state of Indiana over price-fixing of ready-mixed concrete on state, local government and school projects. In June, Greenfield-based IMI pleaded guilty in U.S. District Court to fixing prices on ready-mixed concrete in central Indiana between July 2000 and May 2004. IMI also has agreed that the four principals who pleaded guilty, Fred R. "Pete" Irving, Price...

 

You have accessed IBJ.com Premium online content

IBJ.com Premium online content is identified by locked premium or unlocked premium symbol to the right of the headline. Access to all IBj.com Premium online content requires a paid IBJ.com Premium subscription and the subscriber to be logged in using their email and password. See subscription options below.

Log In if you are a subscriber to IBJ.com Premium Online

...Or choose the IBJ subscription that's right for you:

7 Day Subscription

$4.95 per week

IBJ.com
Premium online

Order Now
   

1 Year Subscription

$1.25 per week

IBJ.com
Premium online

Order Now
 

1 Year Subscription

$1.52 per week

IBJ Print
only

Order Now

 

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT