Dec 6
2017
LPCiminelli scaling back operations
LPCiminelli, the embattled construction firm reeling from the indictment of three of its executives, is shuttering half its business. The company is selling off its heavy construction equipment at an auction next week in anticipation of closing its general contracting arm. Rather than building facilities, LPCiminelli will focus on development and construction management. Subscribe to our weekly newsletter delivered Sundays to your inbox. The company has been under siege for three years, since Investigative Post exposed what federal investigators later determined was corruption in the state’s awarding of a contract to LPCiminelli to develop the Tesla solar panel manufacturing plant[...]