Two long-time Yorkton, Sask., manufacturing businesses, Leon Manufacturing and Ram Industries, are now bankrupt.
Tag Archives Leon Manufacturing
Leon, Ram bankrupt
Leon Manufacturing and Ram Industries were both placed in bankruptcy Jan. 23 after an application by the Bank of Montreal
Receiver acts to sell Leon Manufacturing assets
Ernst & Young is also selling Ram Industries assets and the buildings for both businesses as a result of financial trouble
REGINA — The first report of the receiver for Leon Manufacturing and Ram Industries includes allegations of false invoices and little evidence of manufacturing taking place. The Oct. 11 Ernst & Young report outlines actions taken since the Yorkton, Sask.-based companies entered receivership and illustrates the company’s situation. It has recommended the assets be sold, […] Read more
