Assets from Bloomfield Foundry to be Sold at Auction

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Jul 07, 2014, 10:20 ET

BLOOMFIELD, Iowa, July 7, 2014 /PRNewswire/ -- An auction for the assets from the Bloomfield Foundry in Bloomfield, IA will take place on July 24 at the foundry. The event will be conducted by Stuart B. Millner & Associates (SBMA), an industrial asset management company.

According to representatives at SBMA, the event is categorized as a "by order of the secured lender," which means that everything is being sold—"wall to wall, floor to ceiling."

Bloomfield Foundry in Bloomfield, IA - Assets available in auction on July 24. (PRNewsFoto/Stuart B. Millner & Associates)

Featured Assets in Auction

Wheelabrator Model No. 14 Tumblast Finishing Machine
John Deere Model No. 320D Skid Steer (New in 2012)
Variety of Molding Machines (Hunter, Spo and International Rotalift
Didion Model No. 50 Rotary Media Drum
Foundry Master Spectrometer
Tons of Ferrous and Non-Ferrous Metals

To view pics and specs of the featured assets in the auction, click here. For information about unlisted items, contact the SBMA's office at 636-744-1400.

How the Auction Will Work

The auction will be a live onsite and online event. SBMA will conduct an in-person auction while simultaneously allowing online bidding through Bidspotter, an international online auction platform. The onsite part will take place at 808 Karr Avenue Bloomfield, IA 52537. Online bidders will need to register at Bidspotter.com.

SBMA is an asset management company that specializes in the appraising, marketing, liquidating and auctioneering of assets from manufacturing facilities, power plants and mines. For more information about SBMA and its other upcoming auction events, visit the company's website (sbmac.com).

Photo - http://photos.prnewswire.com/prnh/20140702/124180

SOURCE Stuart B. Millner & Associates