As a global “market maker” in used automotive and truck production and tool room equipment, U.S. Equipment Company offers its clients asset liquidation services for equipment that must be sold in an orderly approach. Assets which must be sold in an orderly liquidation approach include equipment in which the quantity of assets exceeds the world demand for those assets at any given time. In this instance, the assets must be released to the global market in an orderly fashion. Equipment is metered into the market such that like type equipment is made available only as fast as the market can absorb it. Other equipment is best sold under the orderly liquidation method when it is required that a proper match is made between the equipment and the ultimate buyer of it. Representative orderly liquidation’s which U.S. Equipment Company has performed are described below:
Nissan Motor Manufacturing , Australia: - U.S. Equipment Co. purchased all machinery and equipment from this complete vehicle manufacturing factory capable of producing 125,000 vehicles per year. The equipment consisted of complete stamping lines, a fully integrated robotics CNC body shop, paint systems for E-Coat, primer, and top coat for body shells and components, CNC cylinder head and block machining lines, and final trim lines.
General Motors Argentina, Argentina: - U.S. Equipment Co. purchased all machinery and production equipment (2,800 machine tools) under 1,400,000 square feet of roof. These machines were subsequently sold to customers in 12 countries spanning four continents. A team of employees relocated to Argentina for 18 months.
Ford Philippines, Republic of Philippines: - U.S. Equipment Co. purchased all machinery and production equipment of Ford’s two production facilities including a stamping plant capable of producing 70,000 vehicles per year, and a paint and assembly plant capable of producing 30,000 vehicles per year.
Ryazan Autoaggregate, ZIL, Russia: - ZIL is a vehicle manufacturer in Russia. We purchased a 12,500 Ton forging suite comprised of a forging press and related equipment including the forging roll, trimming press, twisting press, sizing press, etc.
S.E.A.T., Spain: - S.E.A.T. is a manufacturer of automobiles and light commercial vehicles in Spain. U.S. Equipment Co. purchased all of the equipment utilized to produce a 1.7 litre engine including equipment to manufacture the cylinder case, cylinder head, crankshaft, camshaft, connecting rods, manifolds and water and oil pumps.
Abex Industry, Ltd., Canada: - Abex was a manufacturer of tire molds and related products. In this liquidation, U.S. Equipment Co. purchased all of the assets including the real estate (seven-acre site), machines, material handling equipment and raw material inventories.
Bennett Industries, Illinois: - Bennett manufactured bridge structures and other structural steel components used in heavy construction. U.S. Equipment Co. purchased all of the assets including the real estate (143,000 square feet building on a twenty-acre site), 500 machine tools, material handling equipment, and nonproduction inventories.
Allied Manufacturing Co., Georgia: - Allied was a manufacturer of automobile seat belts. In this liquidation, U.S. Equipment Co. purchased only the capital equipment, which consisted of plastic injection molding machines, screw machines, stamping presses and other related equipment.