GFM Network News


Court approval sought for Morris Industries sale

Rite Way deal the 'highest and best offer received'

The court overseeing creditor protection for seeding equipment maker Morris Industries is being asked to approve a deal for the company’s sale to another Saskatchewan manufacturer. Calgary consultancy Alvarez and Marsal, the court-appointed monitor for Morris, said Tuesday in its latest report to Court of Queen’s Bench in Saskatoon it recommends approval of a sale […] Read more

Rite Way proposes to buy Morris Industries

Regina farm equipment maker draws up letter of intent

Cash-crunched seeding equipment maker Morris Industries has been handed a letter of intent to purchase, from a Saskatchewan suitor with a farm equipment company of its own. Calgary consultancy Alvarez and Marsal said in a report Tuesday it received a letter of intent for a “proposed sale transaction” from Superior Farms Solutions Ltd. (SFSL), the […] Read more


Ag equipment maker Morris in creditor protection

Downsizing and staff cuts lie ahead for well known Prairie farm equipment maker Morris Industries as the company enters creditor protection due to a “liquidity crisis.” The Court of Queen’s Bench in Saskatoon on Wednesday approved the Morris Group’s Jan. 3 application, which stays any proceedings or actions against the company until Jan. 18 at […] Read more



Morris Industries gets $3.4 million for manufacturing, innovation

Morris Industries in Morris, Man. is receiving more than $3.4 million from the Western Economic Diversification Canada’s (WD) Western Innovation (WINN) Initiative, to commercialize an advanced manufacturing process and create new farm equipment products. The funding support will be a co-investment with Morris to accelerate implementation of new manufacturing technology that will incorporate advanced features […] Read more