Aluminum Sheet Rolling Facility Assets Offered at 4-Day Auction

. February 24, 2010

Due to complete plant closure, the machinery and equipment formerly used in the continuing operations of one of the Aleris Aluminum Canada L.P. facilities in Québec will be offered at auction. Hilco Industrial will be organizing the massive 4-day auction sale March 9 through 12, 2010.

The huge facility specialized in the production of bare and clad aluminum strip for the manufacturing of automotive heat exchangers.

Assets for sale will include Achenbach, Mesta and United cold mills and hot mill, Pittsburgh and Reycan foil mills, Kampf, Midi, Schmutz and Stamco slitters, tension leveling line and several foil finishers. Also in abundance are complete machine & repair shops, labs, offices and material handling equipment featuring 26 lift trucks, cranes, hoists and more.

The company’s patents and intellectual property and over $10,000,000 in replacement parts will be sold as well.

The auction will include over 5000 lots, and attract local and international bidders. It will be broadcast in English with simultaneous broadcast in French. Buyers will be able to bid using the phone and internet at www.hilcoind.com, or bid on site in person at 290 St. Laurent, Trois-Rivieres, Québec, Canada.

Visit the Hilco Industrial, LLC website for more information on this Worldwide Webcast Auction, to register or to view the lot catalogue.

Please click here if you wish to receive information regarding Hilco Industrial LLC auctions.

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 worldwide. 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.

Category: Auction News

Comments are closed.