Wednesday, April 09, 2008

Madill Equipment Update

Interest in Buying
Madill Equipment Reported

The local press reports that RSM Richter Inc. the Toronto based firm appointed as receivers for Madil Equipment; reports having received interest in buying Madill Equipment either in whole or in part.

No further details were available but the receiver will be taking offers up to the deadline of May 5/08.

It is also reported that some of Madills skilled workforce will be re-hired on a temporary basis to complete machinery which was ordered before the closure.


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