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JTL Industries Ltd
JTL Industries Ltd. (the "Company") manufactured and constructed grain bins, oil tanks, frac sand silos, liquid fertilizer tanks, grain bins, hoppers, and floors. The Company's head office was located in Neilburg, Saskatchewan.
On October 31, 2018 the Company filed an assignment into Bankruptcy. The Bowra Group Inc. was appointed Licensed Insolvency Trustee.
The Bowra Group Inc., in its capacity as the Licensed Insolvency Trustee of JTL Industries Ltd. (“JTL”), is seeking offers to purchase the assets of JTL consisting of:
Various corporate vehicles;
Various welding machines;
Various air compressors;
Telehandlers and loaders;
Warehouse equipment, including scissor lifts, cranes;
Hydraulic press brakes;
Office furniture; and,
Office and computer equipment.
The deadline to submit offers is 4:00pm MST on Friday, January 18, 2019.
On March 1, 2019, the Trustee applied for and obtained a Sale Approval and Vesting Order approving, among other things, the sale of the Company’s Saskatchewan assets to Foremost Universal LP and the Company’s Manitoba assets to 0354989 Manitoba Ltd.
Reports of the Trustee