The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million. Photo: Screencap via google.com

Leon Manufacturing for sale

Yorkton manufacturer's assets for sale as part of receivership process

The company, along with Ram Industries Inc., was placed in receivership June 11 after numerous financial difficulties were reported and the company missed payments to BMO. It owes BMO more than $16.6 million.

The CNH Industrial building in Turin, Italy in 2020.

CNH Industrial pulls pin on China

CEO sees lack of growth in China’s construction market, but opportunity in agriculture

Reuters – Farming and construction manufacturer CNH Industrial’s decision to permanently halt construction sales in China was due to declining market share and competition from local companies, the CEO said on Dec. 8. Mounting debt from Chinese property developers has been the catalyst for falling housing prices in the region and an overall real estate

File photo from CNH-owned FPT Industrial’s Bourbon-Lancy engine manufacturing plant in eastern France. (Photo courtesy CNH Industrial)

CNH to temporarily shut several plants in Europe

Eight-day shutdown due to supply disruptions

Reuters — Italian-American vehicle maker CNH Industrial said Wednesday it will temporarily shut several of its European agricultural, commercial vehicle and powertrain manufacturing facilities due to the disruptions of procurement of components, including semiconductors. The maker of farm machinery, Iveco commercial vehicles, construction equipment and powertrains plans to shut the concerned plants for eight working



(MyLand.ag)

AGI to buy into soil microbe breeding firm

Machinery maker to take minority stake in MyLand

A U.S. company ramping up a system to harvest, reproduce and restore beneficial microbes from a field’s own soils, as a way to restore peak fertility, expects to get backing soon from a Canadian farm equipment maker. Winnipeg-based Ag Growth International (AGI) said Monday it has signed a conditional letter of intent with Phoenix-based MyLand

(AFSC.ca)

Alberta ag lender drops rural business loans

AFSC not taking new applications for program

A program offering term loans to small- and medium-sized businesses in rural Alberta is off the provincial ag lending agency’s menu. Alberta’s Agriculture Financial Services Corp. (AFSC) announced Thursday it had discontinued its Rural Business Loan Program effective immediately, so as to “concentrate its efforts on agricultural producers and agribusinesses.” The decision means no new


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 approves Morris Industries’ sale to Rite Way

Yorkton plant, not included in deal, to close

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

(Farm-King.com)

Buhler pulls Farm King manufacturing back to Canada

Work to halt at Minnesota plant early next year

Winnipeg farm equipment maker Buhler Industries is relocating its Farm King manufacturing work back to Canada from the U.S. this winter. After consolidating its U.S. manufacturing this summer into one plant at Willmar, Minn., about 140 km west of Minneapolis, the company said Thursday it will also halt production at Willmar in early 2021. Buhler,