WOODLAND HILLS, Calif.--(BUSINESS WIRE)--A wide range of flatware manufacturing equipment will be available for sale during a live webcast auction beginning at 10 a.m. (EDT) Thursday, July 19 hosted by Great American Group, LLC (OTCBB:GAMR), a leading provider of asset disposition, valuation and appraisal services.
According to Roy Gamityan, a senior vice president and auctioneer with Great American Group, the company anticipates a strong level of interest in the auction – specifically for the Minster Press Line, Mori Seiki SL35B lathe and Mazak machining centers.
Name-brand auction items include a Minster P2-150 Piece Maker High Speed Press Line, a Mazak V655 Machining Center, a Mori Seiki SL-35B Lathe, and a Mazak FH480 Horizontal Machining Center. In addition, other fabrication machinery will be auctioned, including items from a large conventional machine shop and tooling department, heat treating equipment, boilers, air compressors, forklifts, pallet racking, and other general plant equipment.
Auction items can be inspected at the plant, located at 102 East Seneca St. in Sherrill, New York, from 8 a.m. to 4 p.m. (EDT) Wednesday, July 18 and from 8 to 10 a.m. (EDT) the morning of the sale.
Due to high temperatures in the plant, the webcast auction will take place at the La Quinta Inn, located at 5394 Willow Place in Verona, New York.
Sherrill Manufacturing was founded when a consortium of former Oneida Ltd. employees purchased the factory from Oneida Ltd. in 2005. The company stopped manufacturing in May 2010 and filed for Chapter 11 bankruptcy protection in August 2010. In September 2011, a large order from an internet marketer allowed the company to operate briefly with temporary employees, until the order was filled.
The company is one of the last Central New York makers of forks, knives and spoons.
For information on all the items available, contact Gamityan at 818-884-3737 or at rgamityan@greatamerican.com or visit http://www.greatamerican.com/auctions/auctions.aspx.
GAMR-G
About Great American Group
Great American Group, LLC is a leading provider of asset disposition solutions and valuation and appraisal services to a wide range of retail, wholesale and industrial clients, as well as lenders, capital providers, private equity investors and professional service firms. Great American Group has offices in Atlanta, Boston, Chicago, Dallas, London, Los Angeles, New York and San Francisco. For more information, contact (818) 884-3737 or visit www.greatamerican.com.