01/22/2015 14:00 EST | Updated 03/24/2015 05:59 EDT

Williams Moving and Storage filing for bankruptcy after 86 years

Williams Moving and Storage has closed its doors, taken down its website and filed for bankruptcy after 86 years in business. 

The closure was announced to employees Wednesday afternoon during a conference call. A message on the company's answering machine says it intends to file for bankruptcy.

Unifor Local 114, the union representing Williams' workers says employees may not receive their final pay cheques.

All the company's assets are to be sold at auction.

More to come