Scrap Metal Case Study – 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 Asset Auctions to sell over $20,000,000 in scrap.
Results
- Increased revenue by $3,081,000 annually (5-year contract)
- Average facility price increase 15.43%
- Over 330 bids from 20 pre-qualified, unique bidders
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