Murfreesboro-based heavy equipment dealer Vermeer of Tennessee has filed for Chapter 11 protection, according to court documents.
The company was founded in 1991 and sells and rents equipment from such manufacturers as Vermeer, Wildcat and Yanmar. Court documents do not list specific amounts, but ballparks the company's liabilities at between $10 million and $50 million and its assets as between $0 to $50,000. Among the business' largest creditors are Birmingham-based Central Leasing, Illinois-based GE Capital and Chicago-based Hitachi Capital.
The company is being represented by attorney Samuel K. Crocker. Calls to the firm's president, Wendell De Vries, were not returned immediately.