Unsettled Debts, Unfilled Promises Taint Iron City

By Napsha, Joe | Tribune-Review/Pittsburgh Tribune-Review, June 13, 2009 | Go to article overview

Unsettled Debts, Unfilled Promises Taint Iron City


Napsha, Joe, Tribune-Review/Pittsburgh Tribune-Review


Iron City Brewing Co. is leaving Pittsburgh to brew beer in Latrobe with unsettled debts to local governments and the water authority, as well as broken promises to workers.

When Iron City Brewing President Timothy Hickman announced the move to City Brewing Co.'s plant in Latrobe in July, he said Iron City would honor financial commitments it made when his ownership group bought the brewery out of bankruptcy in September 2007.

The largest debt is to the Pittsburgh Water & Sewer Authority, which said Friday it is owed $600,000 because Iron City Brewing is shutting down its 148-year-old Lawrenceville brewery after less than two years of operations, said Michael Kenney, the authority's executive director.

Iron City Brewing owes a total of about $161,000 to Allegheny County and the Pittsburgh Urban Redevelopment Authority, officials said yesterday.

The $600,000 bill is part of a $1 million claim on unpaid water and sewer bills, which the water authority agreed to write off if the brewery continued making beer through September 2010, Kenney said.

"We don't feel it lives up to the agreement," Kenney said.

The authority is considering its legal options and will notify Iron City Brewing that it believes the company has defaulted on the agreement, Kenney said.

Although the authority says the brewery owes $600,000, the agreement says the brewery's debt would be reduced to $450,000 if Iron City operated for 18 months. By continuing brewing and bottling beer into July, it appears Iron City will have operated at the plant for 22 months.

The brewery paid the authority $460,000 under the settlement and is current on water and sewer bills, Kenney said. It invested some money in the plant to repair its boilers and kegging line, but did not spend an estimated $4 million in new equipment, he said.

A dispute over $2.6 million in unpaid water and sewer bills pushed then-Pittsburgh Brewing Co. to seek bankruptcy protection in December 2005.

Under threats that the brewery could not emerge from bankruptcy with a $2.6 million water and sewage bill, the authority agreed to forgive about $2 million, in return for the promise that Iron City Brewing operate for three years and invest in the aging plant.

Hickman, who was at the City Brewing plant in Latrobe yesterday, could not be reached for comment. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Unsettled Debts, Unfilled Promises Taint Iron City
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.