IBJNews

Stadium contractor Irish ends operations

Jennifer Whitson
May 19, 2008
Keywords
Back to TopCommentsE-mailPrintBookmark and Share

The Frank E. Irish Co., a large Indianapolis mechanical-contracting firm that's been working on Lucas Oil Stadium, has ceased operations, according to company President John T. Irish.

Irish said the company is striving to find alternative financing in the wake of current lender National City Bank's move on Friday to shut down the contractor's operations.

He said company leaders had been downtown talking with potential providers of that financing when they returned to find themselves locked out of their own headquarters.

Irish denied the company's financial condition warranted National City's drastic action. "We've never had a loss year in our 92 years," he said.

Though the company holds some of the construction contracts for Lucas Oil Stadium, Irish said he is confident the lock-out will be temporary and won't delay the project.

"The stadium is fine," he said. "We're a victim of circumstances but we'll work our way out of this."

A National City spokeswoman was not immediately available for comment.

ADVERTISEMENT

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
ADVERTISEMENT