IBJNews

Local environmental contractor declares bankruptcy

Back to TopCommentsE-mailPrintBookmark and Share

One of the Indianapolis area’s largest environmental contractors has declared bankruptcy.

ESI Environmental Inc., 5232 W. 79th St., filed for Chapter 7 liquidation in U.S. Bankruptcy Court on Oct. 1.

The firm listed assets of $41,466 and liabilities of nearly $35.3 million. The largest secured creditor, Churchill Capital Inc. in Minneapolis, is owed $16.2 million on a temporary bridge loan it provided to ESI.

Founded in 1992, ESI ranked as the area’s second-largest environmental contractor based on revenue, according to the most recent IBJ statistics. It listed revenue of $16 million in 2009, down from $23 million the previous year.

Employee headcount also dropped during the period, from 103 in 2008 to 68 last year.

ESI specialized in the treatment of non-hazardous wastewater, oil recovery and recycling, industrial cleaning, lab packing and environmental demolition.

Phone calls to ESI's office were not answered Friday morning. A message left on the home answering machine ESI President and CEO Tom Gawlik was not returned. The lawyer who filed ESI's bankruptcy papers didn’t return a phone call left Friday morning.
 

ADVERTISEMENT

  • Great
    Environmental remediation in this view is really essential. Environmental contractors too are playing crucial roles to our society.
  • Deserved
    I worked for ESI, and these folks finally reaped what they sowed. Nothing but under the table dealings and political glad-handing. Employees were instructed to look the other way if something wasn't above board. Good riddance!
  • Could of done it yourself for less than $100
    atlasShrugged, Bee Environmental, like many others, are remediation/removal companies that usually work for buisinesses who can pay big money for the use of their expensive vehicles. You get the same price for this use because that's what they can get for it elseware. ESI Environmental was a place that they would offload/dispose of what you paid to remove. Bee was simply the delivery system of this material. ESI would charge between $0.10 and $0.20 per gallon of waste and could of even provided a container if you had a pickup truck. A $40.00 rotary pump and some hose from the hardware store and you could of disposed of this yourself for less than $100.00. Too bad ESI is out of the game. Bee didn't take your oil to ESI anyway. They were banned for allegedly causing ESI alot of trouble and money in the recent past. Maybe one of ESI's competitors would be so gracious if your neighbor could find someone to, "do it themselves."
  • they all charge too much
    I don't get it. The other day I decided I would find a company to pump out an old heating oil tank in my basement. In the old days they would do that for free; sometimes even pay you a little for the oil. But those days are long gone. I had trouble finding anyone to do it. And when I did Bee Environmental charged me $450. Highway robbery. They should have removed the old tank from the basement for a fee that size, but no, $450 just to pump out the oil. These environmental, hazardous waste type companies charge an arm and a leg for everything they do. So people avoid them like the plague. I don't know who to blame. I don't. I think the State probably has a finger in all this. They want you to be mold free, lead free and get those oil tanks out. But then they break you with the cost. Go to IDEM's site and they tell you, we don't recommend contractors. Well isn't that convenient. So we don't know where to look and we overpay. Hard to believe one of them is going out of business. The guys I talked to came out on two successive days. Each day driving very expensive looking oil trucks. So I guess that's where my money went. But the old lady that lives next door needs an old tank pumped in her basement. A lot of people do in these hundred year old homes in Irvington. And she can't pay $450. So I think this is an industry in distress. I do. People are being gouged. I feel gouged. And I'm sure no one at IDEM or the state or county health departments could care less. Disengaged. Government is becoming disengaged from the taxpayers.
    • Why The Harassment?
      Harassing people at home passed for journalism these days? Sounds to me like this is another victim of the construction downturn. No need to call the guy at home. Poor fellow probably feels bad enough already.

      Last night one of the TV stations had a "reported" knocking on the door of the poor teacher in New Castle that hit those kids. Why? What can you possible expect them to say?

    Post a comment to this story

    COMMENTS POLICY
    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
     
    You are legally responsible for what you post and your anonymity is not guaranteed.
     
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
     
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
     
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
     

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    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
    1. Hiking blocks to an office after fighting traffic is not logical. Having office buildings around the loop, 465 and in cities in surrounding counties is logical. In other words, counties around Indianapolis need office buildings like Keystone, Meridian, Michigan Road/College Park and then no need to go downtown. Financial, legal, professional businesses don't need the downtown when Carmel, Fishers, North Indy are building their own central office buildings close to the professionals. The more Hamilton, Boone county attract professionals, the less downtown is relevant. Highrises have no meaning if they don't have adequate parking for professionals and clients. Great for show, but not exactly downtown Chicago, no lakefront, no river to speak of, and no view from highrises of lake Michigan and the magnificent mile. Indianapolis has no view.

    2. "The car count, THE SERIES, THE RACING, THE RATINGS, THE ATTENDANCE< AND THE MANAGEMENT, EVERY season is sub-par." ______________ You're welcome!

    3. that it actually looked a lot like Sato v Franchitti @Houston. And judging from Dario's marble mouthed presentation providing "color", I'd say that he still suffers from his Dallara inflicted head injury._______Considering that the Formula E cars weren't going that quickly at that exact moment, that was impressive air time. But I guess we shouldn't be surprised, as Dallara is the only car builder that needs an FAA certification for their cars. But flying Dallaras aren't new. Just ask Dan Wheldon.

    4. Does anyone know how and where I can get involved and included?

    5. While the data supporting the success of educating our preschoolers is significant, the method of reaching this age group should be multi-faceted. Getting business involved in support of early childhood education is needed. But the ways for businesses to be involved are not just giving money to programs and services. Corporations and businesses educating their own workforce in the importance of sending a child to kindergarten prepared to learn is an alternative way that needs to be addressed. Helping parents prepare their children for school and be involved is a proven method for success. However, many parents are not sure how to help their children. The public is often led to think that preschool education happens only in schools, daycare, or learning centers but parents and other family members along with pediatricians, librarians, museums, etc. are valuable resources in educating our youngsters. When parents are informed through work lunch hour workshops in educating a young child, website exposure to exceptional teaching ideas that illustrate how to encourage learning for fun, media input, and directed community focus on early childhood that is when a difference will be seen. As a society we all need to look outside the normal paths of educating and reaching preschoolers. It is when methods of involving the most important adult in a child's life - a parent, that real success in educating our future workers will occur. The website www.ifnotyouwho.org is free and illustrates activities that are research-based, easy to follow and fun! Businesses should be encouraging their workers to tackle this issue and this website makes it easy for parents to be involved. The focus of preschool education should be to inspire all the adults in a preschooler's life to be aware of what they can do to prepare a child for their future life. Fortunately we now know best practices to prepare a child for a successful start to school. Is the business community ready to be involved in educating preschoolers when it becomes more than a donation but a challenge to their own workers?

    ADVERTISEMENT