Reston-based electrical contractor Truland Group filed for Chapter 7 (liquidation) on Wednesday, court documents show, a move that follows reports that the company has begun to shutter operations.
The filing marked an abrupt reversal for the family-run enterprise that once boasted it was the 10th largest of its kind in the United States.
The documents, filed in the U.S. Bankruptcy Court in the Eastern District of Virginia, say that the company’s board of directors convened on Tuesday and determined “it is desirable and in the best interests” of the company to take it into bankruptcy.
Affiliate companies Truland Service Corp. and Truland Systems also filed for Chapter 7 (liquidation) on Wednesday. Other Truland-affiliated companies, including Truland Walker Seal Transportation, were said in the filings to have pending bankruptcy cases.
Truland spokeswoman Nancy Gordon-Brooks did not respond to requests for comment on the matter.
Earlier this week, a group of pension and trust funds for local electrical workers filed their own petitions in an attempt to force companies affiliated with Truland Group into bankruptcy.
A former manager with the company said he and many other employees have been laid off. Clark Construction, which subcontracts with Truland, said Truland workers have not showed up on job sites this week.
Truland Group has been headquartered in the Washington area for more than a century. Robert W. Truland, a third-generation member of the Truland family, joined the company in the 1960s and rose to become president, chief executive and chairman, according to the company’s Web site. The company has worked on massive development projects including the Music Center at Strathmore, the Walter E. Washington Convention Center and numerous federal government sites.
In its 2014 “Book of Lists,” the Washington Business Journal reported that Truland generated revenues of $486 million in 2012 and employed 1,100 people locally, and 1,400 nationally.
The company is being represented by local law firm Leach Travell Britt in the bankruptcy cases.
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