Auctions Archives - Material Handling Wholesaler

Holland Industrial & Prestige Auctions to conduct Auction of Complete Honeywell Intelligrated Manufacturing Facility

Wed, 23 Oct 2024 21:39:11 +0000

Holland Industrial Group, in partnership with Prestige Auctions, will conduct a live webcast auction of a complete 280,000 SF manufacturing facility of Honeywell Intelligrated, an automation systems manufacturer. The live webcast auction will be held on Tuesday, November 12th, 2024, at 11:00 AM ET, featuring a comprehensive range of late model production equipment, including precision CNC sheet metal fabrication and forming equipment, profile rolling, tube re-cut & finishing equipment, welding, material handling systems, a well-equipped machine shop, over 250 + sections of heavy duty pallet racking, 50+ sections of cantilever racking, 17+ forklifts and more. This sale presents a rare opportunity to acquire top-quality assets from one of the industry’s leading manufacturers. Featured Assets Include: 2013 Pivatic PCC60 TTHD CNC Punch Center with Uncoiler and Straightener 2014 Trumpf TruPunch 3000 CNC Punch 2015 Trumpf 7036 Electric Press Brake 2008 Trumpf 3180 CNC Press Brake 2007 Cincinnati 175MX 14’ CNC Press Brake and Cincinnati 60CBII CNC Press Brake 2016 Haven 873 HF Tube Cut-Off Line with Haven 960 Double End Deburring Machinery Late Model Kone & Gorbel Freestanding Crane Systems Miller & Lincoln Welders 2017 Combi-Lift C8000 Multi-Directional Forklift (17) CAT & Hyster Forklifts, machine shop equipment, air compressors, shop support, and more “At Holland Industrial Group, we are proud to offer our clients access to best-in-class fabricating and finishing equipment from one of the most respected names in the industry,” said Alex Holland, Senior Vice President of Holland Industrial Group. “This sale will be the fourth auction event that Holland and Prestige have conducted on behalf of Honeywell Intelligrated, and once again provides an excellent opportunity for businesses to secure premium industrial assets at a discount, with the convenience of a webcast auction.” Adam Herman, Vice President of Prestige Equipment, added, ” This is an impressive offering of precision metal fabrication and forming equipment previously used in the production of industry-leading conveyor and sortation systems, as well as a wide variety of general plant and production support equipment available for sale.” Participants are encouraged to register early to access the full auction catalog and ensure a smooth bidding experience. On-site inspections will be available by appointment before the auction.

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Upcoming online auction features like-new equipment from Colorado ‘Green Hydrogen’ R&D Facility

Wed, 10 Jan 2024 18:53:47 +0000

In court-ordered bankruptcy sale, Tiger Liquidity Services Energy Partners offers assets and IP of renewable energy firm AquaHydrex A Jan. 18 online auction by Tiger Liquidity Services Energy Partners (TLSEP), a strategic alliance between Tiger Group and Liquidity Services, brings to market assets from AquaHydrex’s 32,000-square-foot, green hydrogen prototype and R&D facility near Denver. Bidding opens at SoldTiger.com and AllSurplus.com at 10 a.m. (MT) on Thursday, Jan. 11. The event closes at 10 a.m. (MT) on Thursday, January 18. “The multimillion-dollar, court-ordered bankruptcy sale boasts many examples of high-quality, like-new machinery and equipment,” said Chad Farrell, Managing Director, Tiger Commercial & Industrial. “AquaHydrex had acquired a wide array of highly desirable laboratory, R&D and test and measurement equipment, making this online bankruptcy auction a strong opportunity for buyers in multiple sectors,” Farrell noted. “We also anticipate strong energy-sector interest in the gas-processing equipment that AquaHydrex employed as part of its electrolysis-based approach to extracting hydrogen from H2O.” “The sale features AquaHydrex’s intellectual property assets, such as patents, blueprints, proprietary tooling, molds, and more,” added Nick Jimenez, Vice President of Global Business Development at Liquidity Services. “In the renewable energy space, there is intense interest in—and government incentives for—green hydrogen. These IP assets could be valuable to operators looking to capitalize on these opportunities.” Lab equipment available in the auction includes autoclaves, environmental chambers, vacuum-tube furnaces, ovens, electron microscopes, spraying systems, chillers, fume hoods, mixers, surface plates, lab scales, glassware and more. Among the test and measurement assets are spectrometers, spectrophotometers, oscilloscopes, multimeters, tensile testers, digital micrometers (large quantity), calipers, gauges, inspection equipment, battery testers, inspection microscopes and more. The available R&D equipment includes: Matrix Technologies 10-cell hydrogen/oxygen process skid Clamping rig with 1- to 10-cell capacity (6,000 amps with hydraulic pump) Melco Steel autoclaves Agilent and MKS spectrometers Maccor Series 4000 battery tester Two unused 7,000-amp DC power supplies AquaHydrex operated an extensive machine shop at the Colorado facility. Available in the auction are: Haas vertical CNC milling machines Laser welders Lathes, spot welders, industrial robots, variable-speed band saws, drill presses, blasters, shop presses Sanders, grinders, bench vices, air compressors, parts cabinets, dust collectors, engine hoists, tooling, toolboxes Hundreds of cordless and manual hand tools Finally, a large quantity of plant support, material handling and office and IT assets are available in the bankruptcy auction. AquaHydrex was launched in 2012 and obtained substantial investment backing. Relying on renewable forms of energy such as solar and wind, AquaHydrex focused on deriving green hydrogen from water electrolysis, thereby assisting in the decarbonization of industrial operations, transportation, agriculture and other sectors. Inspections are available on Wed., Jan. 17, from 10 a.m. to 4 p.m. (MT). To arrange an inspection or obtain other information, email auctions@tigergroup.com or call 805 497-4999. Bidders must register in advance. For asset photos, descriptions, and other information, visit SoldTiger.com For more information and to view the available equipment, go to AllSurplus.com.

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Hess Auctioneers founding partner James “Jim” Germak passes at 72

Fri, 08 Sep 2023 22:49:47 +0000

Hess Auctioneers shared the sad news that one of its founding partners has passed away. James “Jim” Germak, 72, of Elizabethtown, PA died on Saturday, September 2, 2023. From an early age, Jim wanted to be a truck driver and started his trucking career at the age of eighteen. In 1982, Jim founded Jagtrux, Inc. of Marietta, Pa. Jim was also a founding partner of Hess Auctioneers in Marietta, Pa. Jim graduated from Middletown Area High School in 1968. He was a member of PMTA, and served on the state board of directors and Lancaster PMTA Chapter. Jim loved spending time at his cabin and enjoyed various outdoor activities including hunting, boating, and driving his ranger. Jim had a passion for auctions and a “good deal.” The biggest enjoyment in his life was spending time with his children and grandchildren and sharing stories with friends. “Many auction weekends, you would see Jim driving around on his golf cart to make sure everything was running smoothly or chatting with the team to make sure they had everything they needed. He enjoyed a good story, great conversations, and of course, the auction, especially anything on wheels. He loved his community, friends, partners and family said Bill Troop of Hess Auctioneers. He is survived by his wife, Linda (Hilsher) Germak; daughter Rita Sovereign (Calvin Sovereign); sons Andrew Germak (Sarah Germak) and Zachary Germak (Linsey Stitt-Germak); nine grandchildren; brother Thomas Germak (Susan); and sister Barbara Thomasco (Dan). Services will be held at Community Bible Church, 331 Anderson Ferry Rd, Marietta, Pa. 17547, on September 16, 2023, visitation is scheduled from 9:00 – 11:00 a.m. with the service to promptly start at 11:00 a.m. In lieu of flowers, the family requests donations be made to ECHOS at 105 East Washington Street, Elizabethtown, Pa. 17022, an organization Jim felt strongly about. Memories and condolences may be shared at www.FinkenbinderFamily.com. Arrangements entrusted to Miller-Finkenbinder Funeral Home & Crematory, Elizabethtown. www.pennlive.com/obits

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Ann Fandozzi to become CEO of Ritchie Bros.

Thu, 19 Dec 2019 14:24:38 +0000

Ritchie Bros. Auctioneers, the world’s largest industrial auctioneer and a leading used equipment seller, announced that Ann Fandozzi will become Chief Executive Officer and join the Company’s Board of Directors, effective January 6th, 2020. Most recently, Fandozzi was CEO of ABRA Auto Body & Glass, a national damaged vehicle repair company, where she engineered a step-change in profitability and laid the foundation for an all-new customer experience through technology. “Ann is an exceptional leader with a proven track record of designing and executing winning strategies and driving profitable growth”, said Bev Briscoe, Chair of the Board. “She brings a strong customer focus, deep experience in technology, and outstanding management capabilities that will further Ritchie Bros’. strategic transformation as a multi-channel, technology-enabled global business. The Board looks forward to working closely with Ann and the rest of our talented executives as we build value for our shareholders, our customers, and our employees.” Briscoe added: “We would like to thank Sharon Driscoll, Chief Financial Officer, and Karl Werner, President, International, for their commitment and oversight as Co-CEOs during the interim period and for all their contributions to the Company. By ensuring that Ritchie Bros. maintained its momentum, the Board was able to conduct a thoughtful, robust process that led to the recruitment of the right executive to lead the Company forward.” “I am honored and excited to lead Ritchie Bros. at an important time in the Company’s history,” said Fandozzi. “Ritchie Bros. has extraordinary assets – starting with its talented employees, deep customer base, leading market position and unmatched technology. I am energized by the many opportunities we have to expand our global iconic brand which has earned the trust of our customers by delivering the products, services, and unmatched value to help them build and grow their businesses for over 60 years.” About Ann Fandozzi Fandozzi was CEO of ABRA Auto Body and Glass (2016 to 2019). Prior to joining ABRA, she was the CEO of vRide (2012 to 2016), a carpooling platform that works with private and public employers to save their employees time and money. Prior to these CEO roles, Fandozzi served in several executive positions for Whirlpool, including eBusiness, Direct-to-Consumer, and Sears/Kenmore. Fandozzi joined Whirlpool from DaimlerChrysler, where she led the Global Family Vehicle business and is credited with the invention and development of the Stow-N-Go fold flat seats. Earlier in her career, she gained significant experience in consumer marketing, product development and engineering at Ford Motor Company, McKinsey & Company and Lockheed Martin Corporation. She served on the board of Pinnacle Foods, a publicly traded packaged food company that was acquired by ConAgra, and is a board member of Ghost Robotics, a robotics start-up. Ann is also a frequent speaker on technology, transportation, and green/environmental topics. She holds a Bachelor of Science degree in Computer Engineering from Stevens Institute of Technology, a Master of Science degree in Systems Engineering from University of Pennsylvania and an MBA from The Wharton School of the University of Pennsylvania.

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Ritchie Bros. PriorityBid now lets bidders set up Online Proxy Bids a week before auctions

Thu, 19 Sep 2019 05:00:27 +0000

PriorityBid feature lets buyers make proxy bids online for items in live auctions up to a week before the sale, putting them first in line to win the item, provided no one outbids them Ritchie Bros. wants to make buying equipment easier than ever. With its new PriorityBid feature, buyers will be able to make proxy bids online for items in its live auctions up to a week before the sale. These PriorityBids put them first in line to win the item, provided no one outbids them. “Launched in mid-August, PriorityBid has quickly become a valuable feature for our live auction customers — allowing them to set a max bid on an item, go back to work, and let the system bid for them,” said Ravi Saligram, Chief Executive Officer, Ritchie Bros. “PriorityBid also provides us increased insight into demand ahead of the auction, which is extremely valuable information for us and our sellers as it allows us to be more nimble in optimizing our marketing efforts right up to the day of the auction. We believe this will take online bidding in our live auctions to the next level.” Since it was launched in mid-August, more than 25,000 PriorityBids have been made, with approximately 45% of those bids coming through Ritchie Bros.’ mobile application. “I’m so busy, I don’t have time to sit all day long waiting for my items to come up for bidding. PriorityBid makes buying so much easier for me,” said Warren Halle of Halle Companies, who bought a Sandvik QJ340 jaw crusher with PriorityBid at a recent Houston auction. “I’ve bought millions of dollars’ worth of equipment through IronPlanet with PriorityBid over the years. It’s great to have this feature now available for Ritchie Bros. live auctions as well.” “PriorityBid was initially introduced on IronPlanet; its recent implementation with our live auctions now provides customers a more consistent buying experience across platforms,” said Matt Ackley, Chief Marketing Officer, Ritchie Bros. “As we continue to leverage our technology capabilities, capitalizing on online buying trends, we will become more flexible, allowing us to meet the diverse needs of our customer base. For example, the PriorityBid experience in our mobile app is the ultimate example of convenience for our buyers — they can place bids while they’re in the yard inspecting the equipment at our sites. It’s that simple.” How it works Submit a maximum bid, and the PriorityBid system will bid the lowest amount required for you to win, up to your max bid. Bids are confidential and the system will only raise your bid if someone outbids you. If you’re outbid, you’ll receive an email notification. In the case of a tie, the first bid placed wins. To learn more, visit rbauction.com/PriorityBid.

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