The client is a global manufacturing company specializing in confectionary foods and pet care manufacturing with operations in over 70 countries.
Mid-year, this client notified EquipNet of a full site closure for its facility in Rancho Dominguez, California. With only a two week removal window and a requested clearance deadline in less than five months, EquipNet needed to act quickly and efficiently to manage and sell the assets, while providing the client with financial return.
Equipment at this facility included various processing and packaging equipment, such as Form Fill Seal Machines, Mixing Kettles, Dispersers, Granulators, Homogenizers, Sealers, Coating Systems, Fillers and much more.
Using a number of EquipNet’s asset management services, including a dedicated auction event, this client achieved full clearance within its requested deadline. EquipNet’s specialists were able to provide an onsite inventory of all assets, shut down the assets, handle the internal redeployments, and provided logistics for transporting the equipment as well.
• Project Management • ARMS
• Site Closure Management • Onsite Inventory
• Online Auction • Worldwide Logistics
The Online Auction event was very successful and the majority of the client’s assets were sold, all while meeting the client’s six-month deadline. The client was very satisfied with the results, which included over $100,000 in redeployment savings, and is looking forward to future events with EquipNet, including new inventory from Illinois, Georgia, Mississippi, and Ohio.