B.R. Amon & Sons in Wisconsin Closing Its Doors After 90 years

Construction industry has been particularly slow to recover from the recession, and that forced this asphalt plant under, says Owner Tom Amon.

Gazeteextra.com

The auctioneer’s voice carried to the top of the gravel pit off Potter Road Thursday afternoon.

Below, amid rows of hulking machinery and piles of roof shingles and sand at the B.R. Amon & Sons asphalt plant, a 90-year-old Elkhorn, WI company was selling itself off.

At its peak, B.R. Amon & Sons employed about 130 people.

In the past year, however, the company has been accused of failing to pay its subcontractors, and an employee union filed an involuntary bankruptcy petition against it in federal court at the end of March.

The bankruptcy case was dismissed but only because B.R. Amon & Sons went into receivership in April.

As it goes out of business, the company held the first round of a two-day auction liquidating its assets Thursday, selling off crushers, loaders, conveyers and pit machinery.

Read the entire article at the Gazettextra.com.

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