ASI Ltd. Suspends Operations
December 30, 2011

By Sahely Mukerji, smukerji@glass.com

Ken Smith

ASI Ltd. has suspended operations at its Whitestown, Ind., facility, according to a December 30 notice from ASI owner Ken Smith. "Management is currently reviewing its financial viability moving forward," according to the notice. "It is hopeful that we can re-commence operations sometime in the near future."

"The employees went in on Thursday [December 22], and were told that they were shutting down," says Mike Halstead, former general foreman of ASI. "I talked to a couple of people on the field and in management."

The company building has been barricaded off with a fork-lift on one end and a mobile crane on the other, Halstead says. "They can't take trailers out of there anymore," he says.

ASI employs about 30 people in the office and more than 100 on the field, Halstead estimates.

Owner Smith previously owned Smith Glass, which folded more than a decade ago.

ASI was listed in the March 2011 USGlass Book of Lists as the country's sixth biggest glazing contractor based on sales revenue.

Stay tuned to USGNN.com™ for further updates as they occur.

Subscribe to USGlass magazine.
Subscribe to receive the free e-newsletter.