GFM Network News


Morris’ Quantum Air Drill had its first public appearance at Canada’s Farm Progress Show and its formal launch at Ag in Motion in 2018. (Grainews photo by Scott Garvey)

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

Morris’ Quantum Air Drill had its first public appearance at Canada’s Farm Progress Show and its formal launch at Ag in Motion in 2018. (Grainews photo by Scott Garvey)

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