Multi-Million Dollar Equipment Auction: Surplus

SMITHFIELD, RI, Jan. 10, 2022 (GLOBE NEWSWIRE) — The Branford Group (“Branford”), in partnership with Heritage Global Partners (“HGP”), today announced that it will host a series of broadcast auctions online and private sales of surplus assets formerly used in the production of Honeywell’s N95 masks. Honeywell operated two certified N95 mask manufacturing plants in Smithfield, Rhode Island and Phoenix, Arizona. The offer contains immaculate equipment, all of which was purchased new in 2020. Branford and HGP are currently accepting pre-bid offers on all items.

Scott Lonkart, vice president and partner at Branford, said, “To say this is a unique buying opportunity is an understatement. In my 30 years in the business, I have never seen such well-maintained, “like-new” equipment that can be used in such a wide variety of industries. From mask making to plastics to electronics assembly, there’s something for everyone.

The first webcast sale will take place on January 19 at 12:00 p.m. EST, including equipment for Honeywell’s Rhode Island facility, followed by a second webcast sale for the Arizona facility, which will take place on February 17 at 10:00 (PST).

David Barkoff, Senior Vice President, Heritage Global Partners, said, “The concerning spike in COVID cases, the like-new condition of assets, as well as the broad appeal for this type of equipment should be a great opportunity for the global buyer community. . It’s a rare chance, especially with long lead times and supply chain issues, to immediately procure such capable manufacturing equipment.”

Spectacular key assets available include:

  • Many Branson 2000X Series 2500 Watt Ultrasonic Plastic Welding Systems (Year 2020)
  • Many Branson 2000X Series 4000 Watt Rotary Ultrasonic Plastic Welding Assembly Systems (Year 2020)
  • Many Dukane iQ Series Ultrasonic Plastic Welding Systems, 2500 Watt (Year 2020)
  • Ace Controls Honeywell N95 Nose Clip & Print Systems including: (4) Dukane 2024.2Q-P10.S Ultrasonic Plastic Welding System (Year 2020) and (2) Fanuc SR 3iA Robots
  • Calvary Robotics Honeywell N95 Nose Clip and Impression Systems, including: (3) Branson 2000X Series Ultrasonic Plastic Welding Systems (Year 2020)
  • Markem Touch Dry High Resolution 5200 Inkjet Coder/Printers (Year 2020)

Full sale details for both auctions, including the lot catalog with photos and descriptions of equipment, and listing details can be found on Branford’s website.

About the Branford Group

The Branford Group is a recognized leader in industrial surplus auction, disposal and appraisal services worldwide. Its experienced team of certified and accredited auctioneers and appraisers buy, sell and appraise almost all types of assets, including equipment, inventories, turnkey businesses, real estate and intellectual property. a wide range of industries.

About HGP

Heritage Global Partners, Inc. is a subsidiary of Heritage Global Inc. and one of the world’s largest industrial auction houses, providing asset valuation, acquisition and disposal services.

About Heritage Global Inc.

Heritage Global Inc. is an asset servicing firm specializing in financial and industrial asset transactions. The company provides a full range of services, including market making, acquisitions, divestitures, valuations and secured lending. Heritage Global focuses on the identification, valuation, acquisition and monetization of underlying tangible and intangible assets across twenty-eight global sectors. The company acts as an advisor to, as well as principal, acquiring or negotiating turnkey manufacturing facilities, surplus industrial machinery and equipment, industrial inventories, accounts receivable portfolios, intellectual property and entire business enterprises .

Media Contact

The Branford Group
Ali Wade, 203-483-2220
Marketing Director
[email protected]

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