G3 Construction Group, Inc. has filed for bankruptcy protection through a Chapter 11 process. The woman-owned construction firm is hoping to reorganize its business through the process while operations continue as normal under court supervision.
G3 Construction Group, Inc. Files for Chapter 11 Bankruptcy
G3 Construction Group, Inc. made a voluntary Chapter 11 filing on February 17, as per PACER records. The Marianna-based company submitted the petition in the U.S. Bankruptcy Court for the Northern District of Florida.
Sharon Gilbert, the company’s Vice President and CFO, signed the petition as the authorized representative. Attorney Byron W. Wright III of Bruner Wright, P.A., is representing the company in court.
Court records indicate the company has not filed for bankruptcy in the past eight years. The filing also states that no affiliated businesses have pending bankruptcy cases.
Company Background
G3 Construction Group, Inc. offers civil and utility construction services across Northwest Florida. As a woman-owned and family-operated business, it has completed several large-scale projects, including stormwater and sewer, roadway construction, asphalt paving, clearing and grubbing, parking lot construction, and more.
Along with the construction-related offerings, G3 Construction Group, Inc. provides hauling and material supply services. Through its fleet of company-owned trucks and expert crews, the Marianna-based company supplies and transports several construction materials. Materials supplied include sand, aggregate, limestone base, and clay.
Based in Marianna, the company serves communities across Northwest Florida, including Panama City, Apalachicola, and Perry.
Previous Bankruptcy Filings by Construction Companies
The filing comes amid a broader uptick in Chapter 11 cases across the construction sector.
A residential and commercial construction company, Azure Builders, entered Chapter 11 proceedings on December 6 last year. Founded in 2000, the Sarasota County, Florida-based company made this move to reorganize its finances. It also hoped to manage legal troubles and deal with creditors. Quartz, Bank of America, and others were among its 49 creditors mentioned in the petition.
Before this, a Texas-based construction firm, White Rock Construction Services LLC, sought Chapter 11 bankruptcy relief under Subchapter V. In a petition filed on November 25 last year, the 2021-launched company submitted a final motion for Interim and Final approval to use cash collateral. The deadline for the Subchapter V reorganization plan is February 23, 2026.
Savi Construction, LLC, another construction company, filed under Subchapter V of Chapter 11 last year. Formerly known as Solutions Ramirez LLC, the California-based general contractor submitted its petition on November 26. The due date for submitting a reorganization plan is February 24, 2026.
Latest Case Details
Attorney Byron W. Wright III, on behalf of G3 Construction Group, Inc., submitted the Chapter 11 petition for a fee amount of $1,738. Additional details listed in the petition are:
- Filing Date: February 17, 2026
- Court and Jurisdiction: U.S. Bankruptcy Court for the Northern District of Florida
- Type of Filing: Active, Voluntary Petition
- Chapter: 11
- Case Number: 26-50030-KKS
- Estimated Assets: $1,000,001 – $10 million
- Estimated Liabilities: $1,000,001 – $10 million
- Reason for Filing: Restructure business under court supervision
As of now, G3 Construction Group, Inc. owes roughly 49 creditors in total. A list of creditors with the 20 largest unsecured claims who are not insiders was submitted to the court. Case filings indicate that funds will be available for distribution to the unsecured creditors.
Other documents submitted by G3 Construction Group, Inc. included a corporate ownership statement.
Court records state that the deadline for filing the attorney disclosure statement, summary of assets and liabilities, statement of financial affairs, and schedule statements is March 3.
G3 Construction Group, Inc.’s bankruptcy filing signals a financial strain in the construction industry. Its restructuring is set to hinge on the March filings and subsequent court decisions.
