October 31, 2018

Filing Type:

Trustee: Bowra Group



JTL Industries, a Neilburg, Saskatchewan-based manufacturer of grain bins, oil tanks, frac sand silos, liquid fertilizer tanks, grain bins, hoppers and floors, filed for bankruptcy on October 31. The company advised that rising steel prices, due in part to tariffs imposed by the US in March, were cutting into their profit margins, with their cost of steel up approximately 20%. The Bowra Group was appointed bankruptcy trustee.