5.2 Million Sq. Ft. State-of-the-Art Automotive and Truck Assembly Plant Offers Assets at Auction Hilco Industrial and JV Partner Maynards will be conducting the public auction sale of assets Tuesday, Wednesday, and Thursday, September 28, 29 and 30, 2010 beginning at 9:00 AM PST each day. The auction will feature presses, plastics, robots, machine tools, inspection equipment, massive quantities of shop and factory equipment, spare parts and crib items.
New United Motor Manufacturing, Inc. (NUMMI) is an automobile manufacturing facility in Fremont, California that operated as a joint venture between General Motors and Toyota from 1984 to 2010. Spanning 5.2 million square-feet, the NUMMI plant contained a plastics facility for fabricating bumpers, instrument panels, and interior panels, a stamping facility for creation of sheet metal parts, a welding facility that assembled all metallic parts, and paint facilities for both passenger vehicles and truck cabs.
Bidders can bid on-site or on the web at www.hilcoind.com. For more information on the New United Motor Manufacturing, Inc. auction and to register for the event or view the provisional lot catalog, visit
http://tinyurl.com/NewUnitedMotor
About Hilco Industrial An international leader in webcast, on-site, and online machinery and equipment disposition services, Hilco Industrial [www.hilcoind.com] designs, implements and manages state-of-the-art sales and marketing programs to achieve maximum returns. Core competencies include understanding the true marketable value of industrial assets and the know how to sell them at the maximum recoverable value, in the shortest possible timeframe, with minimal expense. Hilco auctioneers, appraisers, liquidators and consultants have an average of 30 years experience. They have conducted well over 4,500 sales events in helping companies unlock the hidden value in their underutilized assets around the world. Hilco Industrial is a unit of The Hilco Organization [www.hilcotrading.com], a world leader in the valuation, acquisition, disposition and specialized debt and equity financing of business assets and includes Hilco Industrial Online, Hilco Industrial Europe and Hilco Acetec Mexico.
About Maynards Maynards Industries is a global expert in auction, liquidation and appraisal services, and managing projects of all sizes from permanent offices in Canada, the USA, Europe, Japan, and China. Since 1902, the company has specialized in the asset conversion of commercial inventories and industrial equipment, and provided comprehensive valuation services for collateral-based lending, asset disposition and acquisition. Industry sectors of particular expertise include automotive, metalworking, plastics, sawmill and pulp & paper. Detailed information is available at www.maynards.com.
Contact Ken Planet
E-mail:
kplanet@hilcoind.com Telephone: 1-248-254-9999 x33
Other Upcoming Hilco Industrial Events Global Advanced Manufacturing, Inc. Complete CNC Machining and Stamping Facility
September 9, 2010 – Chesterfield, Michigan
Aerothrust Corporation Complete Jet Engine Rebuild Facility with JT8D and CFM Rotable and Consumable Inventory
September 13, 2010 – Miami, Florida
Old Carco Liquidating Trust f/k/a Chrysler Twinsburg Stamping Plant Major Automotive Stamping Facility
September 15 & 16, 2010 – Twinsburg, Ohio
Motors Liquidation Company f/k/a General Motors Pontiac Stamping Plants 15 & 25 Sheet & Tube Hydroforming Facility with Presses, Tube Benders, Fabrication, Robotic Welders and Machine Shop
October 5, 2010 – Pontiac, Michigan
Motors Liquidation Company f/k/a General Motors Livonia Powertrain Former Northstar Engine Manufacturing Facility
October 13 & 14, 2010 – Livonia, Michigan