Press Releases
Aug 18

Liquidity Services Auction Watch

Company Hosts Multiple Sales in North America with High-Value
Industrial Manufacturing Assets on its Global Marketplace, GoIndustry
DoveBid

WASHINGTON–(BUSINESS WIRE)–Jun. 1, 2017–
Liquidity
Services
(NASDAQ: LQDT), a global solution provider in the reverse
supply chain with the world’s largest marketplace for business surplus,
is pleased to highlight multiple sales of high-value industrial
manufacturing (IM) assets located in Canada, Mexico and the U.S.
Information about the sales can be found on GoIndustry
DoveBid
(www.go-dove.com),
a Liquidity Services e-commerce marketplace where IM assets are sold to
a global audience of registered buyers.

Featured sales include:

IMEM
#501658
is a one-week event that is part of GoIndustry DoveBid’s
regular monthly Industrial Manufacturing Equipment Marketplace. The
sale, which opens at 12 a.m. EDT on June 2, 2017 and closes at 5 p.m.
EDT on June 8, 2017, features more than 150 manufacturing, metalworking
and heavy machinery assets located at multiple North American production
facilities. Specific items up for bid include multiple lathes, forklifts
and machining centers.

IM
#531025
is a private treaty sale for assets located in Toluca,
Mexico from a Fortune 10 global automotive company. The sale, which
closes at 5 p.m. EDT on June 30, 2017, includes assets used in the
production of 1.8 liter and 3.0 liter automotive and marine engines
including complete crankshaft, cylinder block, cylinder head,
subassembly and assembly lines, a complete iron foundry, and other
associated surplus equipment.

IM
#501699
is a private treaty sale for assets and equipment from a
leading aircraft parts manufacturing facility located in Juarez, Mexico.
Specific items offered include an Ipsen TITAN furnace, a Magwerks
magnetic particle inspection machine, a Barber-Colman gear hobber and a
Kent centerless grinder. The sale closes at 5 p.m. EDT on June 30, 2017.

“Globalization continues to be a significant challenge for many
manufacturers,” said Gardner Dudley, President of Liquidity Services’
Capital Assets Group. “Changes in technology and consumer demand are
driving companies to regularly assess their enterprise-wide production
equipment requirements and evaluate the efficiency of their supply
chains. Many organizations are looking for external expertise and
support in these initiatives, which is why they turn to Liquidity
Services for help. Our specific industry knowledge, coupled with our
unique e-commerce platform that facilitates the seamless, global
transaction of high-value capital assets, has helped hundreds of leading
manufacturers better manage, value and sell their industrial equipment
so they can successfully lower costs and drive the efficiencies
necessary to meet their strategic objectives and stay competitive.”

Source: Liquidity Services

Liquidity Services
Jeanette Hanfling, 202-467-5723
Director of
Public Relations
jeanette.hanfling@liquidityservices.com