The company was placed in receivership last June, ordered bankrupt in late January and on Feb. 27 the Court of King’s Bench approved the sale to 102203996 Saskatchewan Ltd. for an undisclosed price.
Tag Archives Ram Industries Inc.
Buyer found for bankrupt Ram Industries assets
The Yorkton, Sask. company, along with Leon Manufacturing, went into receivership last year after more than 50 years in business
Leon, Ram bankrupt
Leon Manufacturing and Ram Industries were both placed in bankruptcy Jan. 23 after an application by the Bank of Montreal
Two long-time Yorkton, Sask., manufacturing businesses, Leon Manufacturing and Ram Industries, are now bankrupt.
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
Leon’s Mfg. in receivership
REGINA — Farmers owed equipment or money from Saskatchewan-based Leon’s Manufacturing and Ram Industries Inc. will have to wait for the court process to unfold after the companies went into receivership June 11. The Bank of Montreal forced the move after the companies defaulted on their obligations to the lender in 2021 and again in […] Read more
Leon’s Manufacturing in receivership
Saskatchewan equipment manufacturer had been plagued by complaints over delivery delays
Glacier FarmMedia – Farmers waiting for equipment purchased from Leon’s Manufacturing are dealing with new uncertainty now that the Yorkton-based company has been placed in receivership. Ernst & Young has been named the appointed receiver for the case, according to a court order dated June 11. The document names both Leon’s Manufacturing and Ram Industries […] Read more
