Adams USA, Inc. and Liquid Asset Partners, LLC Form Strategic Partnership

Large Inventory Sale Offered to Public

News provided by

Nov 06, 2014, 08:40 ET

COOKEVILLE, Tenn., Nov. 6, 2014 /PRNewswire/ -- A Factory Liquidation, offering discounts off more than $10 million worth of inventory and other assets, will commence in the coming days.

Photo - http://photos.prnewswire.com/prnh/20141105/156922

Photo - http://photos.prnewswire.com/prnh/20141105/156923

In mid-October, Adams USA Inc. sold certain assets to Kranos Corporation, which does business as Schutt Sports. They have purchased some of the current Adams catalog inventory and will continue to develop the Adams, Trace, Bolco, Newmann and Bucks brands.

Adams USA, located at 610 Jefferson Ave in Cookeville, Tenn., first opened their doors in 1947, manufacturing facemasks and chinstraps for football. After numerous expansions over the last six decades, the factory now occupies 200,000 square feet and features some of the most innovative athletic gear in the nation. Many of the greatest moments in football and baseball history feature Adams equipment on the players, including: Desmond Howard's Heisman pose and Jerry Rice's Super Bowl touchdowns.

Liquid Asset Partners, LLC, has been retained to operate an Inventory Liquidation Sale. In the coming days, all items will be marked down from Adams' historically low prices, and discounts will be applied to every item.

Bill Melvin CEO of Liquid Asset Partners, who is facilitating the factory liquidation, said the liquidation is an opportunity for sports teams to save. "After nearly 60 years, most athletes have worn Adams gear in Little League & school sports. I wore Adams helmets and mouth guards as a kid, so it brings back so many great memories. A huge inventory of sporting goods and athletic gear needs to be liquidated fast," said Melvin. "The liquidation does create an opportunity for schools, parents, and sports retailers to save on gear for the upcoming year, especially since the discounts will be taken off Dealer Price and continue to increase until everything is sold. A once in a lifetime opportunity will occur next week when customers will have the opportunity to purchase from a large sampling of the inventory located at the facility.

Bulk Buyers with interest in purchasing more than $2,000 of goods should contact Liquid Asset Partners directly for an order form. Inventory includes baseball helmets, gloves, catchers masks, T-ball stands, sliding shorts, knee guards, Football masks, gloves, jerseys, the famous mouth guards, girdles, shoulder pads, knee pads, referee gear and more. Nothing will be held back.

Melvin said the discounts Liquid Asset Partners will bring increased value to Adams' many loyal customers. "A sale of this magnitude is unprecedented in state history," said Mr. Melvin. "It will be the kind of sale people talk about for years to come."

Press Contact:
Bill Melvin
616.719.5917
Email

SOURCE Liquid Asset Partners LLC