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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA southern Indiana limestone company that has been in business for more than 100 years has new owners.
A Cleveland-based private equity firm called Resilience Capital Partners has purchased Indiana Limestone Co. from Johnson Ventures. The Herald-Times of Bloomington reports that terms of the sale were not made public.
Oolitic-based Indiana Limestone's main business is supplying blocks and slabs of limestone to other fabricators.
Rick Johnson had been a partner in Indiana Limestone. He says the sale is good for the company and the industry, and he predicted it will make Indiana Limestone a stronger firm.
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