Morris looks in trouble

[sumdumguy]

So the family runs the company for decades, I suspect sacrificing family commitments, sweat equity and income at times to keep her humming. Then along come the “paid” management who probably had a textbook education and Poof!

[bucket]

So the family runs the company for decades, I suspect sacrificing family commitments, sweat equity and income at times to keep her humming. Then along come the “paid” management who probably had a textbook education and Poof!

When you put it that way ...it sounds familiar....doesn't it...

Guys that sit in offices... sometimes don't add value.?????

[woodland]

Bummer we were going to pull the Morris tank in shortly to rebuild the meters. Maybe the bourgault will come in first instead. Can’t figure out the economics of $500k+ air drills but I’m glad someone did so I can buy the $50k “experienced” one instead. 😉

[agstar77]

You paid Fifty!!

[Taiga]

So does everyone with late model Morris equipment take a extra depreciation hit because of future replacement parts issues?

[Ache4Acres]

Federal Investments Support Morris Innovation. ... Morris will receive nearly $3.5 million through the Western Innovation (WINN) Initiative to commercialize an advanced manufacturing technology for its production process. “Morris has a history of being an innovative company backed by solid customer service.Apr 17, 2017

[bucket]

Bummer we were going to pull the Morris tank in shortly to rebuild the meters. Maybe the bourgault will come in first instead. Can’t figure out the economics of $500k+ air drills but I’m glad someone did so I can buy the $50k “experienced” one instead. 😉

You have to have guys buying new to have any used equipment...

When those guys quit buying ....it affects the chain....

That's why guys or the public in general shouldn't get too worked up about an ad hoc payment to farmers...

People make comments that a guy might go buy something if there is government help. ...I say good on them ....it creates a value chain many can't comprehend....

Until you start seeing Morris industries and others go under. ...

Then there will be a need for funding for Morris. ....don't matter ...no one is buying shit because farmers are not making money...

Carry it on long enough and bourgault will be be in the same boat....

Supporting manufacturers isn't going to carry the economy....

Supporting farmers will support the economy including the bourgault and Morris people. ...

Although I think it's too late for Morris Industries....and that's an indicator....

So ILTA has went under ....and now Morris Industries....Just curious how many dairies have went out of business for the same reasons in Canada in the same timeframe????? You guys see where I am going with the logic????

Matter of fact when you look at the equipment industry it seems they are chasing the dairy farmers with incredible self propelled silage machines....food for thought?????

[bigzee]

Bourgault laid a number of employees a year ago or so, now this. It’s only a matter of time before they are all in serious trouble. Keep building these soon to be million dollar drills and see how many they sell.
Hate to say it but I like what taking place.
The only way there is going to be a “correction” is when farmers put their size 12s down and say NO MORE to this ridiculous cost of depreciating iron.
It’s time more than just the farmers starting suffering.

[LEP]

I have a bourgault drill now, but my very first drill was a Morris Maxum. It was light , but cheap. Metering rolls were the biggest pain in the butt. The housing should have been stainless from day one.

Anyone have the new quantum drill? There were somethings about it that I liked. Is that the one that had the warranty issues? Or was it their big tanks?

[agstar77]

All the shiny equipment in the world won't save you if you can't turn a profit.

[bucket]

Bourgault laid a number of employees a year ago or so, now this. It’s only a matter of time before they are all in serious trouble. Keep building these soon to be million dollar drills and see how many they sell.
Hate to say it but I like what taking place.
The only way there is going to be a “correction” is when farmers put their size 12s down and say NO MORE to this ridiculous cost of depreciating iron.
It’s time more than just the farmers starting suffering.

I can't argue your logic...

What market is there for a used 80 foot drill that has 75000 acres on it in 3 years?

An average farmer can't buy it without buying a tractor to pull it...

But with the current HP he could buy a new smaller drill?

Which would a guy prefer????

I looked at a 3 year bourgault drill one time and they said they would give me a credit for changing the bushings....I said I am not looking for work I want a drill to put in the field...and if the bushings are phucked in 3 years....the drill isn't worth what they were asking...phuck off.....

[bucket]

I have a bourgault drill now, but my very first drill was a Morris Maxum. It was light , but cheap. Metering rolls were the biggest pain in the butt. The housing should have been stainless from day one.

Anyone have the new quantum drill? There were somethings about it that I liked. Is that the one that had the warranty issues? Or was it their big tanks?

Neighbor bought one...the shank/openers moved on the frame..one guy had openers falling off the frame.....The tank leaked...they fixed it with silicone...when the tube of silicone came out ...he rejected it....he won't get far with it with Morris being under court protection...he lost over 80 hours waiting for in the field fixes....he would have settled for a new drill for 2020.....Morris wouldn't move ....he traded it didn't have 3000 acres on it...

Morris would have done themselves a big favour taking care of that guy because neighbors were watching the quantum.....they could have sold at least 4 in this area with the interest shown....

Obviously everyone is reconsidering.....no support and Morris is broke...