Morris Group receives creditor protection

Jan 10, 2020 | 3:33 PM

Morris Group, which includes farm equipment manufacturer Morris Industries, has been granted financial protection from its creditors.

According to court documents, the company applied for protection under the Companies’ Creditors Arrangement Act while it begins a restructuring plan.

The Producer reported this afternoon Morris is seeking $3 million and hopes to weather the present difficulties and emerge as a viable company.

Slumping sales and poor weather are among the factors cited for the request for financial protection while the company restructures.