MISHAWAKA — The company that once planned to create hundreds of jobs building electric vans at the former Hummer H2 plant said it now plans to file for Chapter 7 bankruptcy. 

Officials from ELMS or Electric Last Mile Solutions made the announcement Monday morning. Chapter 7 bankruptcy means the company’s assets will likely be liquidated to pay creditors, investors and others. 

ELMS was the third company to occupy the former H2 plant since AM General stopped using the facility to assemble the Hummer, a handicap-accessible van and a Mercedes Benz utility vehicle. 

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In 2017, the plant was sold to SF Motors, which was eventually rebranded as Seres Automotive in 2019. Ultimately, the companies planned to build a midsize electric crossover vehicle at the plant, which is just off McKinley Highway. 

But those plans fell through, even though about $20 million was spent upgrading the 20-year-old plant. The upgrades were one of the reasons that ELMS was attracted to the facility in the first place. 

More:Electric van company takes over Hummer plant in Mishawaka, plans to start work this year

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