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Crops, Machinery & Shop

Court approves Morris Industries’ sale to Rite Way

Yorkton plant, not included in deal, to close

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Seeding equipment manufacturer Morris Industries has been approved for sale to another Saskatchewan manufacturer — minus its Yorkton manufacturing plant, which is not part of the sale and is now expected to close by year’s end. Judge Shawn Smith of Court of Queen’s Bench in Saskatoon on Friday approved the sale of Morris to a […] Read more
Crops, Machinery & Shop

Court approval sought for Morris Industries sale

Rite Way deal the 'highest and best offer received'

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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
Canola, Crops

Input Capital to consider company sale, merger, cannabis

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Possible options including a sale, merger or moving into the cannabis business are now on the table for “commodity streaming” canola firm Input Capital Corp. Regina-based Input, which trades publicly on the TSX Venture Exchange, announced Wednesday its board has launched a “comprehensive review of strategic alternatives to enhance shareholder value.” The review, which will […] Read more
Crops, Reuters, Spring Wheat

Japan suspends sale of Canadian wheat

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Tokyo/Winnipeg | Reuters — Japan’s farm ministry said Friday it has suspended its tender and sale of wheat from Canada after grain containing a genetically modified trait was discovered last summer in Alberta. The Canadian Food Inspection Agency (CFIA) said Thursday the wheat containing a genetically modified trait, developed by Monsanto to tolerate Roundup herbicide, […] Read more

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