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CONSTRUCTION COMPANY SHUTDOWN
Lamar Construction Company announces full operations shutdown, 280 employees affected
Reported by: Associated Press
Reported: Friday, July 11, 2014 1:16 PM EDT
A Michigan construction company says it's shutting down all of its operations, after announcing a partial shutdown earlier this week.
The full shutdown comes after a bank pulled its line of credit to the company following unexpected losses. Blauwkamp (BLOW'-camp) declined to comment further.
The newspaper reported Wednesday, the company announced it was closing its construction operations, laying off 180 employees.
Information from: The Grand Rapids Press, http://www.mlive.com/grand-rapids