PENNDOT
The Pennsylvania Department of Transportation was using a traditional onsite auctioneer without online capabilities. We increased the advertising budget by $15,000 and the results were phenomenal. The sale returned in excess of $100,000 over previous sales of similar equipment.
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Case Studies
Since 2001, AssetAuctions has successfully managed complete asset recovery programs for thousands of global customers. The AssetAuctions team has years of industrial equipment auction experience serving business, municipalities and government agencies. See our track record of success in Pennsylvania, Tennessee and Ohio. Put our team of experts to work for you with an online equipment auction solution to your surplus equipment problems.
Plant Liquidation – International Comfort Products - Lewisburg, TN
Over 1,000,000 square foot plant liquidation in Lewisburg, TN. Assets included cut-to-length line, presses, brakes, shears, tube bending equipment, lab equipment, grinders, milling machines, tool room, ovens and miscellaneous plant equipment. Bids accepted in person and via web cast online.
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Scrap Metal - Whirlpool
Whirlpool conducted a bidding event in December 2001 for a two-year contract and achieved a 15.95% increase in pricing. After a lengthy evaluation process in December 2003, Whirlpool realized the value we provided, and again turned to AssetAuctions to sell over $20,000,000 in scrap.
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CNC Machine Tools
A global 100 Company had 16 surplus machines, incuding (2) Komo CNC Machining Centers for sale and needed to sell them in a short time frame. The best offer from a group of local dealers was $25,000 to buy all 16 machines.
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