Dive Brief:

• Business units of the nation's 10th-largest electrical contractor, the family-owned Truland Group, have filed for bankruptcy in federal court in Alexandria, Virginia, and the company has shut down.
• Truland reportedly had a lot of work in the Washington, D.C. area, but it is unclear how many projects it had going when it stopped operations the day before the court filing.
• The International Brotherhood of Electrical Workers and two trust funds filed papers saying Truland owned them a total of $537,000. Truland filed under Chapter 7, which usually does not mean a company hopes to negotiate with its creditors and stay in business.

Dive Insight:

Four years ago, when Truland bought Virginia-based Walker Seal Electric Co., the company said that the two were "key players" in the aviation and mass-transit markets. Figures from 2012 list Truland as having revenues of $486 million derived from the work of 1,100 people in the Washington area and 1,400 nationally.