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.
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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 in South Buffalo. The company managed to win other Buffalo Billion work and obtained reimbursement for expenses that exceeded normal state limits.
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