Hilco Industrial Partners with Grays Online Australia, Presses For Industry on Major Auction and Liquidation
Major assets from Mitsubishi Motors' manufacturing plant in Adelaide, Australia are currently being offered for sale via private negotiation through Grays Online Australia in partnership with Hilco Industrial, LLC and Presses For Industry.
The plant, located in Tonsley Park, Adelaide, South Australia, produced body assemblies and stampings for large sedans and 4 WD models until March of 2008, when the facility was decommissioned. The equipment is in exceptionally good condition and its availability presents an opportunity for expansion to other automotive manufacturers.
Offers will be accepted until February 13 for the vehicle assembly and stamping equipment which features a 2004 Fagor press line consisting of two 2,400-ton and two 800-ton presses and nine Kawasaki robots, among other components. Additional presses from Verson, Wilkins & Mitchell, Bliss, Clearing and other manufacturers are currently being offered as complete stamping lines.
Blanking press feed lines, spotting presses, hemming press cells and robotic welding assembly equipment are also offered, along with CNC, toolroom, painting, sealing, development and test equipment.
An online auction will take place February 5 through 11 via Grays Online Australia's website
http://www.graysonline.com.au) and will tentatively include: assembly, filling, finishing and test stations; conveyors for car bodies and parts: material handling and test equipment; and several other types of equipment.
Interested parties can contact Chip Thornton of Presses For Industry (USA) at +1 313 839 9300, Steve Wolf at Hilco Industrial (USA) at + 1 847 224 8494, or Ben Roden at Gray Online (Australia) at + 61 41 222 9350.
For more information on the Mitsubishi Private Treaty sale, please visit
http://tinyurl.com/MitsubishiPT For the Mitsubishi Online Auction, please visit
http://tinyurl.com/MitsubishiOA 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:
Stephen Wolf
Phone: 616.233.0702
e-mail:
swolf@hilcoind.com Other Hilco Auction Events:
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ICG Castings, Inc. - Complete Plant Closure of a World Class Automotive Die Cast Facility - Live Auction February 12, 2009 - Liquidation Now In Process Bridgman, MI
Automotive Component Holdings Monroe - Complete Plant Closure of Catalytic Converter Manufacturing Plant - February 25 & 26, 2009 ? Monroe, MI