Draft:Cardi Corporation
Submission declined on 19 July 2024 by Broccoli and Coffee (talk).
Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
| ![]() |
Company type | Private |
---|---|
Industry | Construction, Concrete, Pavement |
Predecessor | Campanella and Cardi |
Founded | 1967 |
Founder | |
Defunct | 2023 |
Fate | Bankrupt, Assets acquired by J.R. Vinagro |
Headquarters | Warwick, Rhode Island |
Divisions | Heavy Highway & Bridge, Concrete, Asphalt/Paving, Sand & Stone, Utility Construction, Sitework & Excavation |
Subsidiaries | Fall River Ready Mix Concrete |
Cardi Corporation was a Rhode Island based company specializing in heavy construction and construction materials. Founded in 1967 by brothers Antonio B. “Tony” Cardi and Stephen A. Cardi, Sr, the company was considered to be one the most notable construction firms in Rhode Island.
Cardi began winding down operations in December 2023 after 57 years in business.[1]
History
[edit]Antonio B. Cardi began the Cardi family legacy in construction in 1905 with the purchase of a pair of horses and a bottom dump wagon. In 1926, Antonio's son Americo “Rico” Cardi joined the company and eventually took over in 1933. Americo went into business with a partner in 1938 to form Campanella & Cardi.
In 1967, Americo's sons Antonio B. Cardi and Stephen A. Cardi, Sr left Campanella & Cardi to form Cardi Corporation.[2]
Bankruptcy
[edit]Cardi Corporation acknowledged that it was facing financial difficulties in March 2023. Despite this, the company had stated that it planned to finish all its projects.[3] By December of 2023, Cardi announced it would be closing down operations. Work was reassigned to other contractors by the Bonding company. J.R Vinagro of Johnston Rhode Island acquired Cardi's assets such as a Warwick concrete and asphalt plant, West Greenwich quarry, and heavy equipment.[4]
References
[edit]- ^ NEWS, BRIAN CRANDALL, NBC 10 (2023-12-13). "NBC 10 I-Team: Cardi Corporation will shut down". WJAR. Retrieved 2024-03-28.
{{cite web}}
: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link) - ^ "Our History · Cardi Construction Industries". 2023-08-04. Archived from the original on 2023-08-04. Retrieved 2024-03-28.
- ^ NEWS, GENE VALICENTI, NBC 10 (2023-03-09). "Only on 10: Cardi Corporation acknowledges financial difficulties". WJAR. Retrieved 2024-03-28.
{{cite web}}
: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link) - ^ NEWS, BRIAN CRANDALL, NBC 10 (2024-01-12). "NBC 10 I-Team: Highway contractor Cardi Corporation assets sold". WJAR. Retrieved 2024-03-28.
{{cite web}}
: CS1 maint: multiple names: authors list (link) CS1 maint: numeric names: authors list (link)
- in-depth (not just brief mentions about the subject or routine announcements)
- reliable
- secondary
- strictly independent of the subject
Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.