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Hilco Industrial Hosting Third Machinery and Equipment Auction of American Axle & Manufacturing
From:
Hilco Industrial. LLC -- Experts in Industrial Machinery Auctions Hilco Industrial. LLC -- Experts in Industrial Machinery Auctions
Detroit, MI
Monday, November 9, 2009


American Axle and Manufacturing
 
Major automotive supplier American Axle and Manufacturing (AAM) has again turned to machinery and equipment auction experts Hilco Industrial, LLC, http://www.hilcoind.com, to host a worldwide webcast auction of their used machinery and equipment, spare parts and inventory. The auction will take place over two days, November 11 & 12, 2009, at AAM's Detroit manufacturing facility and will be broadcast via the World Wide Web to hundreds of bidders.

Founded in 1994, AAM supplies various OEM manufacturers around the world in the passenger car, light truck and commercial vehicle segments. The company is a world leader in the design, engineering, testing, validation and manufacturing of driveline, drivetrain and chassis systems.

Among the machinery to be offered are automated linear laser welded blank cells, automated panel parts processing systems, lasers, rollforming lines, and several types of stamping presses. Material handling and warehouse equipment, such as cranes, forklifts and robots, will also be offered. This offering also features several million dollars worth of spare parts and inventory, including electrical, mechanical, power transmission, pneumatics, HVAC and repair and service parts.

Nearly 2000 lots will be offered, attracting bidders from many industries both locally and nationally. Buyers will be able to bid using the phone and internet at www.hilcoind.com, or attend in person and bid on site at the AAM Detroit Manufacturing facility located at 1840 Holbrook Avenue, Detroit, MI 48212-3488.

More information on the American Axle & Manufacturing Worldwide Webcast Auction, to register or view the lot catalogue visit: http://tinyurl.com/AAM3Auction (AAM web page URL: http://www.hilcoind.com/sales/sale.asp?SALE_ID=1477&SALE_REFERENCE_ID=HIOILQNWNS912009111846)

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.


Contact:

Robert Levy

Phone: 248.254.9999

e-mail: rlevy@hilcoind.com

Future Hilco Webcast Auction Schedule:



Aradco Management Ltd./Aramco

Hilco Industrial Webcast / Onsite Auction

Large Stamping Equipment, Toolroom, Material Handling and More

November 17, 2009; Windsor, Ontario

DELL

Hilco Industrial Online Auction

Online Auction #2

Contents of Complete Server, Notebook & PC Manufacturing Plant

November 24 - 26, 2009; Limerick, Ireland

Avero Security (GTA1) Inc. / Pannu Transport Inc.

BidSpotter Live Internet Auction

Armored Transport, Coin and Currency Processing Operation; Truck Fleet; and More

November 24, 2009; Toronto, Ontario



Hazen Powder Parts, LLC


Hilco Industrial Webcast / Onsite Auction

Powder Compacting Presses, Toolroom, Material Handling, Shop Equipment

December 3, 2009; Hazen, AR

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