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Lamar Construction files chapter 7 bankruptcy

Hudsonville, Mich. (WZZM) - Lamar Construction Company is shutting down and has filed for Chapter 7 bankruptcy, according to documents obtained by WZZM 13.

The Hudsonville-based employer is laying off 281 employees, including 180 in Michigan. The closure comes two days after the company shuttered its construction division but claimed its structural steel division would remain open.

The closure affects employees in Michigan, Colorado, and Kentucky.

Bankruptcy documents dated July 7 show the company had between $10-million and $50-million in estimated assets and between $10-million and $50-million in estimated liabilities. The company also had 200-999 estimated creditors. The documents were signed July 7 by shareholders and directors Carl Blauwkamp and George Holmes.

We will continue to follow this story and have updates online and tonight at WZZM 13 News at 6 p.m.