Unfortunately their Bank has taken over the Factory and will not permit Morigeau to continue. Morigeau truly regrets that your customer orders on the Y30 Production WILL NOT be produced. With great sadness I must inform you that on NovemMorigeau Furniture closed their factory, and will be going out of business. And those with Morigeau furniture who need warranty service will be out of luck. Since the company is closing down, there won't be any parts or other items available once the current supply is exhausted. If you own Morigeau furniture and need conversion rails, we would contact your dealer immediately. Status is gone, as is EG, which was sold to Dutailier. Ragazzi went bankrupt two years ago, selling its name rights to Stork Craft. It's been the worst of times for many Canadian-based nursery furniture makers. Those plans were dashed by the economic meltdown, which further sank sales of luxury nursery furniture. Morigeau filed for bankruptcy in June of this year and hoped to reorganize with new investors. Morigeau's response was to push prices even higher-a bad move, as the crumbling housing market depressed sales. That worked when the Canadian dollar was low, but when the currency soared in the past year, it made Morigeau's furniture very expensive to export. Facing an onslaught of low-cost Asian imports, Morigeau stubbornly stuck with its Canada production. Unfortunately, Morigeau has been in a slow and steady decline in recent years. At its peak, Morigeau accounted for about 20% of the premium nursery furniture market. Morigeau, along with fellow Quebec-based competitors Ragazzi, set the standard for high-end cribs and dressers in the 90's. Once one of the top juvenile furniture makers in North America, Morigeau was known for its well-made and stylish furniture. It's official: Canadian furniture maker Morigeau sent out a notice (see below) to their dealers Friday saying the company closed its factory and is going out of business.