MACHINERY

Morris Group granted creditor protection

MACHINERY manufacturer Morris Industries Ltd has announced it has obtained an order for protection under the Companies’ Creditors Arrangement Act (CCAA) in Canada in order to restructure its business and financial affairs.

Mark Saunders
 Morris Industries is restructuring including being granted creditor protection. Picture Ben White.

Morris Industries is restructuring including being granted creditor protection. Picture Ben White.

The Morris Group also announced that the Bank of Montreal has agreed to provide interim financing. The financing will provide the business with sufficient financing and liquidity to facilitate the CCAA...

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A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Farming Ahead team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Farming Ahead team.

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Research Report: Self-Propelled Sprayers (March 2024)

In this month’s Research Report, the Kondinin Group research team of Mark Saunders, Ben White and Josh Giumelli present the results of the latest round of self-propelled sprayer testing. The team traversed several states to round up six of the latest sprayers, which can cost upwards of $1 million each.